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sweet-ann [11.9K]
3 years ago
10

The Sarbanes-Oxley Act was passed in an effort to:_________

Business
1 answer:
KatRina [158]3 years ago
8 0

Answer:

A)control corporate behavior

Explanation:

Sarbanes-Oxley Act which came up in 2002, can be regarded as Public Company Accounting Reform and Investor Protection Act, is a reform act for public companies and investor protector. Sarbanes-Oxley Act was popped up in U S in order to to get the auditing of public companies fixed. It should be noted that the Sarbanes-Oxley Act was passed in an effort to control corrupt corporate financial behavior.

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All Kiwi Ltd (a New Zealand-based company) has a wholly-owned subsidiary in Malaysia whose manager is being evaluated on the bas
Ulleksa [173]

Answer:

Variance (Unfavorable) (NZD 340,000)

Explanation:

Budget Variance using exchange rate projected at the time of budget

                   Budget        Actual        Variance   Exc. Rate   Variance in NZD

                    MYR            MYR

Revenue  12000000   11000000    -1000000      0.34            -340000

Expenses  9000000   9000000          0               0.34                  0

Profit        3000000    2000000    -1000000      0.34            -340000

7 0
3 years ago
A company is considering investing in a new machine that requires a cash payment of $47907 today. The machine will generate annu
swat32

Answer:

12%

Explanation:

Calculation for the internal rate of return if the company buys this machine

Using this formula

IRR = Initial investment/Annual Cash flow

Where,

Initial investment =$47,907

Annual Cash flow =$19,946

Let plug in the formula

IRR= $47,907/$19,946

=2.402

Using PV factor table = 2.402

IRR = 12%

Therefore internal rate of return if the company buys this machine will be 12%

8 0
4 years ago
Coronado Industries reported total manufacturing costs of $450000, manufacturing overhead totaling $68000, and direct materials
Novosadov [1.4K]

Answer:

$296,000

Explanation:

Calculation for How much is direct labor cost

Using this formula

Direct labor cost=Total manufacturing costs-Manufacturing overhead totaling-Direct materials totaling

Let plug in the formula

Direct labor cost=$450,000 - $68,000 - $86,000

Direct labor cost=$296,000

Therefore the direct labor cost will be $296,000

6 0
3 years ago
Which of the following will shift the aggregate demand curve to the left?
lisov135 [29]

Answer:

A. Interest rates rise.

C. There is an economic boom overseas that raises the incomes of foreign households.

Explanation:

Option A - It is correct because if the interest rate increases, consumer spending will decline. Therefore, the aggregate demand curve will shift to the left.

Option B - If the government reduces the personal income tax, the consumers will spend more, it will lead the aggregate demand to the right. So, it is wrong.

Option C - Foreign households' income will lead to more savings. Therefore, spending will decline. So, it is the correct statement.

Option D - It is incorrect because corporate profit tax will not consider in the aggregate demand.

3 0
3 years ago
A job analysis method is ________ if it accurately assesses each job's duties.
sveta [45]
A job analysis method is valid if it accurately assesses each job's duties. 

A job analysis helps companies list appropriate taste and expectations for a job listing. It's important to make sure the people applying for the job and ultimately getting hired are well aware of their tasks and responsibilities in that position. 
8 0
4 years ago
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