Match the descriptions that follow with the appropriate terms. 1. Responsible for the ethical preparation of financial
Question:
1. Responsible for the ethical preparation of financial statements
2. Preparation of financial statements that mislead the public
3. Underlies both management's and accountants' actions in preparing financial statements
4. A law related to regulation of financial reporting of public companies and their auditors following the Enron scandal
5. Has overall responsibility for ensuring that financial reports are not false or misleading
a. Accountants
b. Ethics
c. Fraudulent financial reporting
d. Management
e. Sarbanes-Oxley Act
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Related Book For
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
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