Which of the following is not a result of the Sarbanes-Oxley Act? O Companies must file...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Which of the following is not a result of the Sarbanes-Oxley Act? O Companies must file financial statements with the Internal Revenue Service. All publicly traded companies must maintain adequate internal controls. O The Public Company Accounting Oversight Board was created to establish auditing standards and regulate auditor activity. Corporate executives and board of directors must ensure that controls are reliable and effective, and they can be fined or imprisoned for fallure to do so. Which of the following is not a result of the Sarbanes-Oxley Act? O Companies must file financial statements with the Internal Revenue Service. All publicly traded companies must maintain adequate internal controls. O The Public Company Accounting Oversight Board was created to establish auditing standards and regulate auditor activity. Corporate executives and board of directors must ensure that controls are reliable and effective, and they can be fined or imprisoned for fallure to do so.
Expert Answer:
Related Book For
Posted Date:
Students also viewed these general management questions
-
Which of the following is not a true statement about the American opportunity credit (AOC) and lifetime learning credits (assume the 2016 rules apply for the qualified education expense deduction)?...
-
Which of the following is not a governmental structural policy that supply-side economists believe would promote long-term growth in an economy? a. A redistributive tax system. b. A promotion of...
-
Which of the following is not a strictly rational reason for someone to be interested in a commitment device? a. The device can eliminate the time-inconsistency problem. b. By making the decision to...
-
Lacoste t-shirts come with an average price of $ 120 a piece, at their factory outlet with a std. deviation of $ 17. But at the Seasonal Sale (Discount) outlets of these t- shirts, it was also...
-
Give at least three examples of common price-communication practices that have been considered ethically and/or legally questionable.
-
What is a domestic partnership?
-
An ideal gas flows within a small diameter tube. Derive an expression for the transition density of the gas \(ho_{c}\) below which microscale effects must be accounted for. Express your result in...
-
The Lineberry Golf Cart Co. sold 7,400 carts this year at an average unit price of $3,000. Fifty days of sales remained uncollected in accounts receivable at the end of the year. The firm produced...
-
Summarize the information fromthe 3 years' financial statements, theratio calculations, and industry comparisons provided in the case topresent possible solutions to the company's profitability...
-
XYZ Company is considering a new project with a cost of $25,000 and a life of 5 years. The projects yearly pretax operating cash revenues and expenses are $20,000 and $9,000, respectively. The...
-
You are planning to start investing so that you can retire in 29 years. If you would like to have $1944477 when you retire and if you think you can earn 11.88% per year on average, how much will you...
-
Fat Sunland's Service Shop started the year with total assets of $339000 and total liabilities of $244000. During the year, the business recorded $631000 in revenues, $437000 in expenses, and paid...
-
2. Craig likes to collect records. Last year he had 10 records in his collection. Now he has 14 records. What is the percent increase of his collection?
-
c. Sold merchandise to customers who used MasterCard and VISA, $109,440. The cost of the goods sold was $65,660. (Record the sale first.) d. Sold merchandise to customers who used American Express,...
-
Chef Ratatouille buys a new set of cutlery worth P 435,000 for his newly modelled eatery in CLA Hotel. He agrees to pay P75,000 as down payment and the balance including interest will be amortized by...
-
Tom's Transportation, LLC., is a California company that transports heavy equipment from California to Texas. Using a series of semi-trailers, the company runs regular routes throughout the week....
-
Suppose a country's nominal GDP is $600 billion, government expenditures less debt service are $155 billion, and revenues are $170 billion. The nominal debt is $360 billion. Inflation is 5 percent...
-
Explain the operation of the dividends received deduction.
-
Which statement referring to the role of multilateral financial institutions is false? a) In accordance with their policies, they don't take on financial commitments in countries with high political...
-
Which of the following statements regarding insurance bonding is FALSE? a) Insurance bonding doesn't impact bank credit facilities. b) Insurance doesn't adversely affect the borrower's level of...
-
Which of the following factors is not typical of a private placement with respect to a public placement? g) Strict regulatory constraints h) Speed of structuring the deal i) Lower cost of funding
-
Using the results of Problem 2.6, determine the invariants \(U_{i}\) and \(V_{i}\) for the AS/3501 lamina, where \(i=1,2,3,4\). Problem 2.6 Find all components of the stiffness and compliance...
-
Show how the Mohr's circles in Figure 2.17 can be used to interpret the transformed lamina stiffness \(\bar{Q}_{12}\). FIGURE 2.17 40 'n Q11 In- n> Q11 20 -U-
-
Using the results of Problem 2.6 or Problem 2.16, compare the transformed lamina stiffnesses for AS/3501 carbon/epoxy plies oriented at \(+45^{\circ}\) and \(-45^{\circ}\). Problem 2.6 Using the...
Study smarter with the SolutionInn App