The Sarbanes-Oxley Act requires that financial statements of all public companies report on management's conclusions about the effectiveness of the company's internal control procedures

Indicate whether the statement is true or false


True

Business

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Which of the following resources is usually not modeled as an entity (table) in an REA data model?

A. Cash. B. Accounts receivable. C. Inventory. D. Property, plant and equipment.

Business

Research has shown that overly praising someone for only for their intelligence can:

a. create a growth mindset b. create a fixed mindset c. inspire people to try harder d. encourage people to learn from failure

Business

Robbie's financial advisor referred a customer to Robbie's new business.  Under the concept of ___________, Robbie is now obligated to return the favor.

A. reciprocation B. social capital C. social networking D. unlimited liability

Business

Briefly explain the importance of diversification in investing.

What will be an ideal response?

Business