Sox act 2002 title 1 Study guides, Class notes & Summaries

MAC 2601 EXAM PACK 2023100% VERIFIED internal audit - ANSWERSindependent, objective assurance and consulting activity designed to add value and improve an organization's operations. independence and objectivity, systematic and disciplined approach governance - ANSWERSthe process conducted by the BOD to authorize, direct, and oversee management toward the achievement of the organization's objectives.It is the system of rules, practices, and processes by which a company is directed and co...

internal audit questionsindependent, objective assurance and consulting activity designed to add value and improve an organization's operations. independence and objectivity, systematic and disciplined approach governance questionsthe process conducted by the BOD to authorize, direct, and oversee management toward the achievement of the organization's objectives.It is the system of rules, practices, and processes by which a company is directed and controlled. risk management questionsthe...

How do monopolies hurt consumers? - ANSWER-lack of economic competition, corporations have the ability to raise the market price without losing customers to competition. _________________ are statutes developed by governments to protect consumers from predatory business practices and ensure fair competition. - ANSWER-anti-trust laws A farmers market has many vendors and consumers who all sell and buy the same produce at the same price. Which type of market is represented? - ANSWER-Pure co...

The USA Patriot Act (2001) - ANSWER Legislation passed shortly after the terrorist attacks of September 11, 2001, that granted broad surveillance and detention authority to the government. The Clayton Act (1914) - ANSWER This legislation modified the Sherman Anti-Trust Act by prohibiting mergers and acquisitions that would lessen competition. It also prohibited a single person from being a director of two or more competing corporations. This act restricts the use of injunctions against labor ...