A. TRUE / FALSE QUESTIONS Enter "True" or "False" on the blank preceding each question. 1. The majority of businesses in the United States are organized as corporations. 2. Accounting generally uses the cash flow method, while in finance the focus is on the accrual method. 3. The overriding goal of the firm is to maximize "Net Profit" on the firm's Income Statement. 4. The Sarbanes-Oxley Act (SOX) of 2002 eliminated many corporate disclosure and conflict of interest problems that surfaced during the early 2000s