Section 307 of the Sarbanes-Oxley Act requires:

A. corporate lawyers to report concerns of wrongdoing if not addressed.
B. corporates to disclose codes of ethics for senior financial officers.
C. disclosure of audit committee financial expert.
D. management assessment of internal controls.


Answer: A

Business

You might also like to view...

Rade and Talion are competitors in the business of manufacturing wristwatches. While Rade promises to deliver design and quality to its customers, Talion promises to deliver durability and cost effectiveness

When both these companies deliver their respective promised qualities, they are delivering ________. A) performance quality B) customer support C) unique quality D) accuracy quality E) conformance quality

Business

Three types of transfer prices are _________________________, _________________________, and ____________________

Fill in the blank(s) with correct word

Business

Within most cultures are groups whose members share value systems based on common life experiences and situations. We call such a group a(n) ________

Fill in the blanks with correct word

Business

John and Daphne are saving for their daughter Ellen's college education. Ellen just turned 10 (at t = 0), and she will be entering college 8 years from now (at t = 8). College tuition and expenses at State U. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. Ellen should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. Tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11). So far, John and Daphne have accumulated $12,000 in their college savings account (at t = 0). Their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). Then they plan to make 3 equal annual contributions in each of the following

years, t = 5, 6, and 7. They expect their investment account to earn 9%. How large must the annual payments at t = 5, 6, and 7 be to cover Ellen's anticipated college costs? A. $3,758.85 B. $3,595.43 C. $4,085.71 D. $4,004.00 E. $4,698.57

Business