Cash flow statement
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The Dodd-Frank bill requires many standardized derivative products to be traded on exchanges and cleared through clearinghouses to reduce the risk of losses
Explanation:
The are many impacts of the Dodd-Frank bill it regulated the financial crisis of the state and they were placed into five groupings: clear losses, clear wins, costly trade offs, unfinished business and too soon to tell. They were created to prevent the future devastation from financial crisis and to prevent from financial crisis
They have improved the financial stability by treating the standardized products to be traded on clearing the houses and to produce the stability in the economic growth and the other factors that hinders the wealth and the status of the country
The economic indicator that reflects the activity of the U.S. entitled without regard to where the activity takes place is GNP.
Gross national product (GNP) is an estimate of the total cost of all the final products and services grown to become out in a given duration via the way of production owned by a country's citizens.
Indicators of financial pastime financial signs consist of measures of macroeconomic performance (gross domestic product [GDP], intake, funding, and international alternate) and stability (central authorities' budgets, expenses, the cash supply, and the balance of payments).
Gross Domestic Product is essential as it offers records about the scale of the economy and the way an economy is performing. The increased price of actual GDP is often used as an indicator of the overall health of the economic system. In wide terms, growth in real GDP is interpreted as a sign that the economy is doing properly.
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Answer:
A. to the company's system of internal controls.
Explanation:
The statement of responsibility is a statement that is usually in line with the laid down rules and the regulation of the governing body. It is a statement of the procedures that shows that the management is able to maintain a good and effective internal controls over financial reports. These are to show how reliable the informations are and to see that proper authorizations are given for transactions and that assets are safe.
I would critique it. Although you are on a team it is smart and good to have your own interests. For example, in the business world when you are working with the team, you want to work with everybody else but you have your own interest in being an employee of the month. There is absolutely nothing wrong with that. It goes the same for anything else. For example, sports, you want your team to get to a certain playoff, but in your own interests, you also want to get MVP on your team. But be careful, if you have your own interests it may defer you from the team's interest. For example, if you want to get MVP and someone is on top of you, you injure that person and then the team doesn't make the playoffs however you get the MVP title anyways. This would be an example of a bad stance of the quote.
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