Oxley sarbanes - Study guides, Class notes & Summaries

CPCU 540 EXAM 2024 WITH 100% CORRECT ANSWERS Which one of the following would best be the reason for maximization of shareholder wealth as a goal of corporate finance 1. To assist in meeting regulatory requirements 2. To maintain a market to raise additional capital 3. To maintain the integrity of the corporate identity 4. To retain customers in a competitive marketplace - correct answer To maintain a market to raise additional capital Sarbanes-Oxley prompted the SEC to issue int...

Auditing and Assurance Services, 16e (Arens/Elder/Beasley) Chapter 2 The CPA Profession 2.1 Learning Objective 2-1 1) The legal right to perform audits is granted to a CPA firm by regulation of A) each state. B) the Financial Accounting Standards Board (FASB). C) the American Institute of Certified Public Accountants (AICPA). D) the Auditing Standards Board. Answer: A Terms: Legal rights to perform audits Diff: Moderate Objective: LO 2-1 AACSB: Reflective thinking 2) Which of the fo...

Capital budgeting - correct answerThe planning and managing of a corporation's long-term investments Capital structure - correct answerA corporation's mix of long-term debt and equity Fair value - correct answerThe market value, either actual or estimated, of an asset or a liability Sarbanes-Oxley Act of 2002 - correct answerA federal statutory law governing corporate directors in the areas of investor protection, internal controls, and penalties, both civil and criminal. Stakehold...

SOLUTION MANUAL For Corporate Finance 13th Edition ByStephen Ross, Stephen A. Ross, Randolph W.. Westerfield, Jeffrey F.. Jaffe, Bradford D.. Jordan | All Chapters | Newest Version 2024 Chapter 01 - Introduction to Corporate Finance 1-1 Copyright © 2023 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Chapter 1 INTRODUCTION TO CORPORATE FINANCE SLIDES 1.1 Chapter 1: Introduction to Corporate Finance ...

Learning Objective 1-1 1) The Sarbanes-Oxley Act applies to which of the following companies? A) All companies B) Privately held companies C) Public companies D) All public companies and privately held companies with assets greater than $500 million Answer: C Terms: Sarbanes-Oxley Act Diff: Easy Objective: LO 1-1 AACSB: Reflective thinking skills Topic: SOX 2) Which of the following is considered audit evidence? A) Oral statements made by management Written Communications Auditor O...

CPCU Ethics Test Questions and Answers Already Passed Ethical behavior is based on reasoned consideration of all issues surrounding a conflict Morality is universal and basic to human relationships Maintaining high ethical standards is best associated with knowledge of law and regulations The Sarbanes-Oxley federal law requires that publicly traded companies identify principal ethics officers, create anonymous hotlines for reporting unethical behavior, and establish codes of ethic...

Certified Compliance and Ethics Professional (CCEP) Certification Study Resources 100% REVISION Which of the following BEST describes the purpose of training based upon risk assessment findings? A.) Reducing the organization's legal exposure B.) Educating employees on laws and regulations C.) Educating the board on the compliance program D.) Reducing the organization's insurance premiums A. Reducing the organization's legal exposure A compliance and ethics professional inve...

Solution Manual For Corporate Finance 13th Edition By Stephen Ross Randolph Westerfield Jeffrey Jaffe. INTRODUCTION TO CORPORATE FINANCE SLIDES 1.1 Chapter 1: Introduction to Corporate Finance 1.2 Key Concepts and Skills 1.3 Chapter Outline 1.4 1.1 What Is Corporate Finance? 1.5 The Balance Sheet Model of the Firm 1.6 The Capital Budgeting Decision 1.7 The Capital Structure Decision 1.8 Short-Term Asset Management 1.9 The Financial Manager 1.10 Hypothetical Organization Chart 1.11 ...

CPCU 540 EXAM 2024 WITH 100% CORRECT ANSWERS Why is it so important for a corporation to adopt a code of ethics? - correct answer . A code of ethics provides a means of actively managing ethics in the workplace. The treasurer of a corporation has decided to implement changes to the corporation's capital structure for the coming fiscal year. She plans to raise more capital through long-term debt, rather than alternate sources. With the implementation of these changes, she expects the tot...

What is the main goal of the corporation? - To make capital gains for shareholders. Maximize value of the firm. Who ultimately owns the corporation? What is the relationship between shareholders, the board of directors, and management? - Shareholders ultimately own the corporation. Management (managers) are naturally inclined to act in their own interests but that may not be in the best interests of shareholders. The board of directors - elected by the shareholders - can oversee managerial...