2002 act oxley sarbanes - Study guides, Class notes & Summaries

Three Broad Government Spending Purposes - ANSWER-1) Current Operations 2) Capital Outlays 3) Debt Service Present Value Analysis - Three Components - ANSWER-Determines what $$ Rec'd in Future is Worth Today 1) inflation component - year over year loss in value 2) enterprise component - inherent risk 3) unique component - Budget Accounting and Procedures Act of 1950 - ANSWER-Requires the head of each federal agency to establish and maintain I/C's. Federal Managers Financial Integrity...

A member must be qualified to supervise and evaluate the work of specialists that he or she employs. - ️️True The Sarbanes-Oxley Act of 2002 created a new Public Company Accounting Oversight Board that has many responsibilities, including the establishment and enforcement of ethics standards. - ️️True The Sarbanes-Oxley Act of 2002 makes it unlawful for a registered accounting firm to perform any auditing services for a public company for a one year period starting from the date the pu...

Strategic direction determines correct answers (1) the business model, (2) overall objectives, (3) the risk appetite, (4) the limits of organizational conduct. Planning assessments of governance considerations: correct answers 1. An audit should address controls in governance processes that are designed to prevent or detect events that could have a negative effect on the organization; 2. Controls within governance processes are often significant in managing multiple risks; 3. If othe...

Within the lodging and food services industries are a variety of related fields that include: - Answerlodging, F&B (and tourism) -global, diverse -Hotels, restaurants, clubs, resorts, casinos, cruise ships, theme parks -The recreation and leisure market -The convention center market -The schools and colleges market -The business dining market -The health care market -The corrections market The number of opportunities offered by the hospitality industry is _________, as are the opportuni...

CIS 105 Arizona State University - Question and answers 100% correct CIS 105 Competency - correct answer is knowledge that enables a person to understand something People that use computers are called - correct answer end-users Which of the following is NOT an example of a paradigm shift? - correct answer Google Live hasn't shifted way of living YET Computer Competency - correct answer is best developed through critical thinking Sarbanes-Oxley Act of 2002 - correct answ...

Three Broad Government Spending Purposes - ️️1) Current Operations 2) Capital Outlays 3) Debt Service Present Value Analysis - Three Components - ️️Determines what $$ Rec'd in Future is Worth Today 1) inflation component - year over year loss in value 2) enterprise component - inherent risk 3) unique component - Budget Accounting and Procedures Act of 1950 - ️️Requires the head of each federal agency to establish and maintain I/C's. Federal Managers Financial Integr...

Which of the following is true of audit committees under the provisions of the Sarbanes-Oxley Act of 2002? A. At least two audit committee members must be financial experts and one must be a CPA. B. At least one audit committee member must be a financial expert. C. No financial experts are required if the audit committee can consult with either the auditor or the chief financial officer. D. A majority of the audit committee must consist of financial experts. - B. At least one audit commit...

Mason is a financial analyst who specializes in securities. When providing an analysis of securities to which he has a personal connection, he discloses his conflict of interest. By doing so, which federal regulation is he complying with? Securities Act Amendments of 1975 Securities Act of 1933 Sarbanes-Oxley Act of 2002

Father of Intel - ACCURATE ANSWERS Gordon Moore 1965 Information Technology (IT) - ACCURATE ANSWERS study, design, development, implementation, support, and management of computer-based information systems, particularly software and hardware. YES - ACCURATE ANSWERS is IT technology (Information Technology) a core compentency end-users - ACCURATE ANSWERS People that use computers. Sarbanes-Oxley Act of 2002 - ACCURATE ANSWERS attempts to protect investors from accounting and reporting...

Statement of Cash Flows - Answer- Shows the change in cash balance for a period of time. Focuses only on items where cash is received, or cash is paid. Cash Flow from Operating Activities (CFO) - Answer- Cash flow that a company generates as a result of day-to-day business operations. Deals with Current Assets and Current Liabilities. Cash Flow from Investing Activities (CFI) - Answer- Cash flow that is generated from investments in long term assets. Cash Flow from Financing Activities ...