Under the Sarbanes-Oxley Act, which of the following services performed by registered accounting firms for their audit clients would not impair their independence?
a. Systems design.
b. Tax services.
c. Appraisal services.
d. Internal audit services.
b
You might also like to view...
The inability to pay debts as they become due is called ____________________
Fill in the blank(s) with correct word
Sally and Tom decide to go into business, selling discounted merchandise through their Web site "e-Buy." They sign a partnership agreement that requires Sally to contribute $12,000 and Tom to contribute $8,000 in capital to start the firm. The agreement also states that only Sally will have the authority to bind the partnership in deals with third parties, but the agreement says nothing about the management of the firm or a division of profits. Without Sally's knowledge, Tom tells United Computer Products, Inc., that he represents the firm and signs a contract with United to buy hard drives for resale on e-Buy. In the first year, e-Buy makes a profit of $50,000. What are the partners' rights with respect to the management of the firm? Is the partnership bound to the contract with United?
Do the partners split the first year's profits? If so, how much is each entitled to? What will be an ideal response?
Which of the following taxes is proportional?
A. gift tax B. sales tax C. Federal Insurance Contributions Act (FICA) D. income tax
American Express's "Service Tracking Report" systematically measures both customer satisfaction and employee performance worldwide. Compiled on a monthly basis, the document uses statistics to measure the performance of business units throughout the world against more than 100 service quality factors related to their customers' three major service dimensions-responsiveness, timeliness and accuracy. American Express's "Service Tracking Report" is a(n):
A. Quality improvement measure B. Internal-external service control benchmark C. Total quality management assessment D. Customer service indicator E. Service performance index