Which of the following is true regarding the Sarbanes-Oxley Act? 

A. It only applies to companies that make over $10 million in gross revenue.
B. The act does not cover fraud via TV or radio.
C. The act only covers a narrow range of corporate governance activity.
D. Private companies are not included in this act.


Answer: D

Business

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A. Career management B. Policy analysis C. Training D. Job sharing E. Career path

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Autumn Resorts purchased guest room furniture on January 1, 2014 for $120,000 . The furniture has an estimated useful life of ten years. What amount will appear on Autumn's income statement for depreciation expense for the year ending June 30, 2015?

a. $1,000 b. $6,000 c. $10,000 d. $12,000

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An adjustable-rate mortgage is a standard mortgage with an unchanging rate of interest.

Answer the following statement true (T) or false (F)

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Brand names such as Kleenex, UPS, Sony, Chevrolet, and Kellogg's are likely to have less brand equity than brand names like Viking, Zojirishi, Schimano, and Thule.

Answer the following statement true (T) or false (F)

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