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3 years ago

What are the main issues to be addressed in a business code of ethics required by the Securities and Exchange Commission

Business

1 answer:

Hatshy [7]3 years ago

7 0

Answer:

Conflicts of interest, full and fair disclosures, legal compliance, internal reporting of code violations and accountability.

Explanation:

The main issues to be addressed in a business code of ethics as required by SEC securities and exchange commission are conflicts of interest, full and fair disclosures, legal compliance , internal reporting of code violations and accountability.

With regards to the above, businesses are expected to fully disclose conflict of interest if there is any to SEC. The reason is to monitor the activities of the business whether it has deviated from its original plan. Again, it is expected of business to completely disclose facts as it relates to its dealings with members of the public in a fair manner.

Again, a business as required by SEC must comply legally to the regulations as instituted by relevant governing bodies. A business must also be accountable at all times for its actions or inactions.

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On July 15, Piper Co. sold $24,000 of merchandise (costing $12,000) for cash. The sales tax rate is 4%. On August 1, Piper sent

disa [49]

Answer and Explanation:

The Journal entry is shown below:-

1. Jul 15

Cash Dr, $29,960

To Sales revenue $24,000

To Sales tax payable $960

($24,000 × 4%)

(Being sales is recorded)

2. Jul 15

Cost of goods sold Dr, $12,000

To Merchandise inventory $12,000

(Being cost of goods sold is recorded)

3. Aug 01

Sales tax payable Dr, $960

To Cash $960

(Being payment of sales tax is recorded)

4. Nov 03

Cash Dr, $720.00

To Unearned ticket revenue $720.00

(Being sale of advance tickets is recorded)

5. Nov 20

Unearned ticket revenue Dr, $120

( $720 ÷ 6)

To Ticket revenue $120

(Being ticket revenue is recorded)

3 0

3 years ago

A food service operation that is concerned with sourcing asks suppliers detailed questions about _____ the food is produced. A.

Alja [10]

Your answer would be B. where and how

5 0

3 years ago

Read 2 more answers

__________ is a form of warehousing that combines classic warehouse operations with light manufacturing and packaging duties to

vladimir2022 [97]

Answer:

Postponement warehousing,

Explanation:

Postponement warehousing, is form of warehousing that combines classic warehouse operations with light manufacturing and packaging duties to allow firms to put off final assembly or packaging of goods until the last possible moment.

hub and spoke, consists of one hub (central location), at which the warehouse is located and it is transported to different locations through routes called spokes.

assortment is a form of warehouse in which a wide array of goods are held close to the source of demand to ensure short lead time.

spot stocking refers to company's goods stocked in a small warehouse for easy access. Often done seasonally.

5 0

3 years ago

Chris promises dina $40,000 if she graduates from eagle college. dina enrolls in eagle, attends full-time for four years, and gr

Katen [24]

A verbal contract is generally legally binding, but enforcement requires a significant burden of proof. In this particular instance, there would be exceptional difficulties in compelling Chris to pay.

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4 years ago

Two years ago, the de Castellane Manufacturing Company included its employees in a profitsharing plan in which workers receive s

marshall27 [118]

Answer:

A) operant conditioning

Explanation:

Operant conditioning is a method that operates on either reward or punishment of employees behavior and attitude towards the job.

From the companies policy initiative it has created a pay-as-you-work environment for the employees ( i.e. "the more you work the more you get paid" - Reward and "the less you work the less you get paid" - Punishment )

6 0

3 years ago