Section 406 of the Sarbanes-Oxley Act requires a public company to disclose whether it has adopted a code of ethics for senior financial officers
Indicate whether the statement is true or false
TRUE
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Michael, the training coordinator at Jaxon Solutions, inspected the written materials for a new training program and concluded that the materials were not very readable. Which condition would most likely lead Michael to this conclusion?
A. The training material consisted of too many long sentences. B. The training material contained many checklists. C. Most statements of the training materials were limited to simple words. D. The training material was devoid of technical jargon. E. The text of the materials was combined with illustrations.
Macon Enterprises purchased land for $2,000,000 in 2001 . In 2015, an independent appraiser assessed the value at $3,400,000 . What amount should appear on the financial statements in 2015 with respect to the land?
a. $2,000,000 b. $1,400,000 c. $3,400,000 d. Whatever amount the company believes is the best indicator of the true value of the land
If the Allowance for Doubtful Accounts has a $1,000 debit balance prior to making the end-of-period adjusting entry for bad debts using the aging of accounts receivable method, then it must mean that the:
A. debit to Bad Debt Expense will be $1,000 less than if the Allowance balance had been $0. B. direct write-off method was used. C. percentage of sales method was used. D. debit to Bad Debt Expense will be $1,000 more than the desired ending balance in the Allowance for Doubtful Accounts.
An approach that gets the prospect thinking about a problem the salesperson can solve is the:
A) referral approach B) question approach C) product demonstration approach D) survey approach E) premium approach