The Sarbanes-Oxley Act affects public companies. Requirement 1. How does the Sarbanes-Oxley Act relate to internal controls?
Question:
Requirement
1. How does the Sarbanes-Oxley Act relate to internal controls? Be specific.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
Req 1 The SarbanesOxley Act requires managers to ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
Question Posted:
Students also viewed these Cost Accounting questions
-
The Sarbanes Oxley Act requires companies to document their business processes and internal controls. Evaluate how each of the flowcharts presented in the text document system and program may fulfill...
-
The Sarbanes Oxley Act of 2002 (SOX) has important implications for the financial community. Explain two implications of SOX.
-
The Sarbanes Oxley Act was issued in 2002 in response to the many corporate scandals to help reduce fraud, improve the reliability of financial reporting and restore public confidence in the...
-
You mentioned that Amazon has sustainability topics within us supply chain. How we deal with the criticism that Amazon itself tribute to overconsumption that's antithetical to sustainability
-
At the end of Dayton Department Store's fiscal year on November 30, 2019, these accounts appeared in its adjusted trial balance. Freight-In...................................$ 7,500...
-
Find each quotient where possible. 0 - 14
-
A faculty member wishes to assess the relationship between students' scores on the Scholastic Aptitude test (SAT) and their performance in college. a. What is a possible research hypothesis in this...
-
On January 1, 2014, Dunbar Corporation, an 85%-owned subsidiary of Garfield Industries, received $48,055 for $50,000 of 8%, 5-year bonds it issued when the market rate was 9%. When Garfield...
-
Pastina Company sells various types of pasta to grocery chains as private label brands. The company's reporting year - end is December 3 1 . The unadjusted trial balance as of December 3 1 , 2 0 2 4...
-
On January 1, 2019, Dance Training Co entered its second year of operations. Dance Training Co provides elite personal training courses to dancers who want to work on cruise ships. On December 31,...
-
Internal controls are designed to safeguard assets, encourage employees to follow company policies, promote operational efficiency, and ensure accurate accounting records. Requirements 1. Which...
-
Separation of duties is a key internal control. Requirement 1. Explain in your own words why separation of duties is often described as the cornerstone of internal control for safeguarding assets....
-
Propose a mechanism for the formation of D-fructose-1,6-diphosphate from dihydroxyacetone phosphate and D-glyceraldehyde-3-phosphate, using HO- as the catalyst.
-
Discuss various preventive measures to avoid fraud in trust accounts
-
1. In an ongoing business, why is a graph not necessarily the best technique to use in CVP analysis? 2. What is the equation for calculating a particular revenue level in dollars using CVP analysis?...
-
Why has traditional education inhibited our entrepreneurial nature?
-
Patrick Plans to retire in exactly 15 years' time, and he has a plan to create a fund that will allow him to receive $72,000 at the beginning of each year for the 15 years between retirement and...
-
There are four types of corporate social responsibility: the economic, environmental, ethical, and philanthropic dimensions. Select an organization you worked in or an organization that you are...
-
The managements minimum desired rate of return on a capital investment is called a. discount rate. b. flat rate. c. offer rate. d. complimentary rate.
-
Repeat the previous problem, but close the positions on September 20. Use the spreadsheet to find the profits for the possible stock prices on September 20. Generate a graph and use it to identify...
-
The vapor pressure of acetone is 1 mm Hg at -59 C, 10 mm Hg at -31 C, 100 mm Hg at 8 C, 400 mm Hg at 40 C, and 760 mm Hg at 56 C. What is the normal boiling point of acetone?
-
What are the three categories of manufacturing costs included in the cost of finished goods and the cost of work in process?
-
What are the three categories of manufacturing costs included in the cost of finished goods and the cost of work in process?
-
For a manufacturer, what is the description of the amount that is comparable to a merchandising businesss cost of merchandise sold?
-
What are some of the best ways for attaining skills in active listening?
-
. Do you agree with the following statement: "English is a powerful tool that has become entrenched in business processes worldwide-whether for analyzing stocks or issuers, budgeting, or organizing...
-
As a roofer business owner describe the importance of effective communication in your current work/role?
Study smarter with the SolutionInn App