Because financial institutions in other countries are generally less regulated than those in the United States, they generally _____.
A. invest in less socially responsible companies than U.S. banks
B. can provide businesses a greater variety of services than U.S. banks can
C. invest to minimize investment corporations' losses
D. can provide investment opportunities in illegal business plans also
E. are required to fulfill the regulations of the Sarbanes-Oxley Act
Answer: B
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Answer the following statements true (T) or false (F)
1. There are profitable businesses which end up in bankruptcy. 2. Profit and cash flow are the same in accounting. 3. At the beginning, you should be willing to give credit to any client as you are just starting out. 4. Invoicing the customer should be made only when the customer confirms the receipt of the product. 5. The cash flow cycle describes the various activities undertaken by a venture to produce cash inflow.
________ is a budgeting guideline that recognizes employees affected by a budget should be involved in preparing it.
What will be an ideal response?
What sets the tone and direction for the whole company?
A. sales and promotion B. management process C. expansion plan D. manager's qualification E. marketing plan
The Sarbanes-Oxley act requires officers of publicly traded companies in the U.S. to certify that:
A) the organization has a CIO. B) they are responsible for establishing and maintaining internal financial controls. C) the organization has a CSO. D) all email over one year old has been securely deleted.