What are the requirements of and the most significant criticism of the Sarbanes-Oxley Act?
What will be an ideal response?
The Sarbanes-Oxley Act includes requirements for certification of the documents by officers. When a firm's executives and auditors are required to literally sign off on these statements, certifying their veracity, fairness, and completeness, they are more likely to personally ensure their truth.
One of the most significant criticisms of the act is that it imposes extraordinary financial costs on the firms; and the costs are apparently even higher than anticipated.
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Consulting on problems, rendering technical assistance, arranging financing, and expediting delivery are examples of the ________ task in the selling context
A) information gathering B) targeting C) communicating D) servicing E) allocating
The factory foreman at an automobile assembly plant is behind on meeting the quarterly production target due to an ongoing machinist strike lasting longer than anticipated. Conflict in this situation is attributed to
A. scarce resources. B. overlapping authority. C. different time horizons. D. different reward system. E. task interdependence.
In Banker v the Estate of Banker the court held that
a. it could not intervene in the affairs of a partnership. b. when proof of an agreement is lacking, a partner cannot receive compensation for work done. c. regardless of a written agreement to the contrary, a partner can receive compensation for work done. d. all parties doing work for a partnership are entitled to compensation for work done to further the partnership business.
The next dividend (Div1) is $1.80, the growth rate (g) is 6%, and the required rate of return (r) is 12%. What is the stock price, according to the constant growth dividend model?
A) $31.80 B) $30.80 C) $30.00 D) $15.00