Discuss capital formation (investment) (I) as one of the
components of the goods sector.

Answers

Answer 1

Capital formation, also known as investment, is a crucial component of the goods sector in an economy.

It refers to the process of creating and accumulating physical assets that are used in the production of goods and services. These assets include machinery, equipment, infrastructure, buildings, and technology. Capital formation plays a vital role in promoting economic growth and development.

Investment contributes to the expansion and modernization of the production capacity within an economy. By increasing the stock of capital goods, it enables businesses to enhance their productivity and efficiency. This, in turn, leads to increased output, employment opportunities, and improved living standards.

Capital formation is driven by both domestic and foreign investments. Domestic investment is made by individuals, businesses, and the government, while foreign investment involves the inflow of capital from abroad. Foreign direct investment (FDI) can bring new technology, expertise, and financial resources to the economy, stimulating growth and development.

To promote capital formation, governments often implement policies and incentives to attract investments, such as tax incentives, infrastructure development, and supportive regulatory frameworks. Additionally, financial institutions play a crucial role by providing funding and capital allocation services to facilitate investment activities.

Overall, capital formation is a fundamental component of the goods sector, contributing to the expansion, modernization, and growth of an economy. It fuels productivity, employment, and innovation, driving economic progress and improving the well-being of individuals and communities.

Know more about Goods Sector here:

https://brainly.com/question/31454302

#SPJ11


Related Questions

When Heinz introduced its ketchup globally, it first had to deal with the fact ketchup is not a household staple outside the United States. Heinz had to show foreign users how ketchup can be used. Globally, Heinz has had to rely primarily on _____ advertising to convince consumers to want the product.

Answers

Answer:

informative advertising :)

Explanation:

Heinz had to "inform" its customers about ketchup and how it's used

Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral

Answers

Answer:

deferral

Explanation:

Adjusting entries are when changes are made to already recorded journal entries.

Categories of adjusting entries :

accrued revenuesaccrued expensesunearned revenuesprepaid expensesdepreciation.

Prepaid expenses are payments made for services yet to be delivered.

For example, paying for a year's worth of subscription on your streaming service

Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral

3) Bill weighs 220 pounds and is losing 4 pounds each month. Phil weigh 250 pounds and is losing 10 pounds each month. How many months, m, will it take for Bill to weigh the same as Phil? How much will they weigh?

Answers

5 months and 200 pounds

4x5 = 20

220-20

200

10x5 = 50

250-50

200

which of the following are not examples of defensive industries? a. food producers. b. durable goods producers. c. pharmaceutical firms. d. public utilities. e. b and c

Answers

They are not examples of producers of durable goods in defensive industries.

What exactly are non-consumable goods?

Nondurable consumer goods have a lifespan of minutes to three years and are purchased for immediate or almost immediate consumption. Fuel, clothing, footwear, and beverages are all common examples.

What kinds of things last?

Products that can be physically handled, can be kept in inventory, and typically last at least three years.

What are three examples of durable goods for consumers?

Appliances like washers, dryers, refrigerators, and air conditioners are examples of consumer durables; tools; televisions, computers, and other electronic devices; jewelry; trucks and cars; and furniture for the house and office.

Learn more about durable goods here:

https://brainly.com/question/13213543

#SPJ4

suppose the government imposes a tax of $25,000 per week on baseball production. now what price should ed charge and how many baseballs should he sell?

Answers

Tax of Rs. 25000 is charged at 35000. Thus, if we compute based on the table, Ed should charge $ 16 and sell 60,000 basketball.

Enforcement of economic laws and the pursuit of economic crime in India are the responsibilities of the Directorate of Enforcement (ED), a law enforcement and economic intelligence organization. It is a division of the Ministry of Finance's Department of Revenue in India. [2] It is made up of promoted members of its own cadre as well as officers from the Indian Administrative Service, Indian Police Service, and Indian Revenue Service.

The Department of Economic Affairs established a "Enforcement Unit" on May 1, 1956, to handle violations of the Foreign Exchange Regulation Act, 1947's Exchange Control Laws. This was the beginning of the ED. The organization was renamed the "Enforcement Directorate" in 1957.

learn more about Ed here

https://brainly.com/question/13062124

#SPJ4

how does marmite use product differentiation

Answers

Marmite use product differentiation as viewed as having unique features, such as Marmite or the iPhone. It frequently referred to as a differentiator.

What do you mean by the product differentiation?

The feature or features that set your product or service apart from the competition for your target market are known as product differentiation.

It improves brand loyalty, sales, and growth by highlighting the differences between what you sell and what your rivals provide. These comprise vertical differentiation, mixed differentiation, and horizontal differentiation.

In the financial situation of today, product differentiation is crucial. It enables the seller to highlight the distinctive qualities that make their product outstanding by drawing comparisons between their own product and those of the market's rival products.

Therefore, Marmite use product differentiation as viewed as having unique features, such as Marmite or the iPhone. It frequently referred to as a differentiator.

To know more about the product differentiation, visit:

https://brainly.com/question/13077606

#SPJ1

Determine the standard deviation given the following Economic State Probability Return Fast Growth 0.3 50% Slow Growth 0.5 30% Recession 0.2-15% Select one:
a. 22.7156% b. 8.2564% c. 7% d. 5.16% e. 26.4575%

Answers

The required standard deviation is 22.7156%, option a.

To determine the standard deviation, we need to calculate the variance first. The variance is calculated by taking the weighted sum of the squared deviations from the expected return.

For Fast Growth:

Probability = 0.3

Return = 50%

Expected Return (μ) = 0.3 × 50% = 0.15

Deviation from the expected return

= Return - Expected Return

= 50% - 0.15

= 0.35

Squared Deviation = (0.35)² = 0.1225

Weighted Variance

= Probability × Squared Deviation

= 0.3 × 0.1225

= 0.03675

For Slow Growth:

Probability = 0.5

Return = 30%

Expected Return (μ) = 0.5 × 30% = 0.15

Deviation from the expected return

= Return - Expected Return

= 30% - 0.15

= 0.15

Squared Deviation = (0.15)² = 0.0225

Weighted Variance

= Probability × Squared Deviation

= 0.5 × 0.0225

= 0.01125

For Recession:

Probability = 0.2

Return = -15%

Expected Return (μ) = 0.2 × (-15%) = -0.03

Deviation from the expected return = Return - Expected Return = -15% - (-0.03) = -0.12

Squared Deviation = (-0.12)² = 0.0144

Weighted Variance

= Probability × Squared Deviation

= 0.2 × 0.0144

= 0.00288

Now, sum up the weighted variances:

Total Variance = 0.03675 + 0.01125 + 0.00288

= 0.05088

Finally, the standard deviation is the square root of the variance:

Standard Deviation = √0.05088 ≈ 0.2257156

Converting to percentage:

Standard Deviation ≈ 0.2257156 × 100% ≈ 22.7156%

Therefore, the correct option is (a) 22.7156%.

To learn more about standard deviation: https://brainly.com/question/475676

#SPJ11

How much would $100, growing at 5% per year, be worth after 70 years?

Answers

3042.64, would $100, growing at 5% per year, be worth after 70 years. Thus, option (a) is correct.

What is interest?

Someone borrows money during a hard time, they are paying additional amount, which is an interest. In monetary terms, interest is a yearly percentage of the loan amount. Different categories, including simple interest, compound interest, and annual interest, are used to categorize the loan.

According to the given the amount is:

Principle = $100

Time = 5 years

Rate = 5 %

years = 70

Given,

A = amountP = principle  = $100R = interest rate  = 5%T = time  = 75

A = P \((1+\frac{R}{100})^{t}\)

A = \((1+\frac{5}{100})^{70}\)

A= \((1+ 0.05)^{70}\)

A = 3042.64

As a result, the significance of the interest rate are the aforementioned.

Learn more about on interest, here:

https://brainly.com/question/30393144

#SPJ1

Your question is incomplete, but most probably the full question was.

How much would $100, growing at 5% per year, be worth after 70 years?

$3,042.64

$2,616.67

$3,073.07

$2,799.23

Explain the function and purpose of the U.S. Federal Reserve System.

Answers

Answer:

The Fed provides the country with a safe, flexible, and stable monetary and financial system. The Fed's main duties include conducting national monetary policy, supervising and regulating banks, maintaining financial stability, and providing banking services.

Explanation:

The best description of cash inflow is money

A. received from different sources, such as salary and interest earned on bank accounts.

B. spent for items that must be included in a budget, such as rent and utilities.

C. invested in financial products, such as stocks and bonds.

D. left after paying for items included in a financial plan.

Answers

Answer:

A, received from different sources, such as salary and interest earned on bank accounts.

The best description of cash inflow is money received from different sources, such as salary and interest earned on bank accounts.

I hope this helped at all.

Which figure (amount) should be larger?
A. Expenses
B. income
C. Extras
D. Needs

Answers

ANSWER:

Income

WHY:

The expenses and extras and needs should all add up to the income and the income should be over these expenses


MARK ME BRAINLIEST PLEASE

1. List and explain the functions of money

Answers

Answer:

Money serves several functions: a medium of exchange, a unit of account, a store of value, and a standard of deferred payment.

Suppose that a popular hotel for vacationers in Orlando, Florida, has a total of 300 identical rooms. As many major airline companies do, this hotel has adopted an overbooking policy in an effort to maximize the usage of its available lodging capacity. Assume that each potential hotel customer holding a room reservation, independently of other customers, cancels the reservation or simply does not show up at the hotel on a given night with probability 0. 15. A. Find the largest number of room reservations that this hotel can book and still be at least 95% sure that everyone who shows up at the hotel will have a room on a given night. B. Given that the hotel books the number of reservations found in part a, find the probability that at least 90% of the available rooms will be occupied on a given night. C. Given that the hotel books the number of reservations found in part a, find the probability that at most 80% of the available rooms will be occupied on a given night. D. How does your answer to part a change as the required assurance rate increases from 95% to 97%? How does your answer to part a change as the required assurance rate increases from 95% to 99%?e. How does your answer to part a change as the cancellation rate varies between 5% and 25% (in increments of 5%)? Assume now that the required assurance rate remains at 95%

Answers

a. The largest number of room reservations that this hotel can book and still be at least 95% confident that everyone who shows up at the hotel will have a room on a given night is 341.

How to find the probability that at least 90% of the available rooms will be occupied on a given night

b. If the hotel books 341 reservations (as determined in part a), the probability that at least 90% of the available rooms will be occupied on a given night is 0.0072.

c. If the hotel books 341 reservations (as determined in part a), the probability that at most 80% of the available rooms will be occupied on a given night is 0.1157.

d. As the required assurance rate increases from 95% to 97%, the largest number of room reservations that this hotel can book and still be at least 97% confident that everyone who shows up at the hotel will have a room on a given night decreases to 338.8.

Read more about confidence intervals here:

https://brainly.com/question/15712887

#SPJ1

Suppose that a popular hotel for vacationers in Orlando, Florida, has a total of 300 identical rooms.
Suppose that a popular hotel for vacationers in Orlando, Florida, has a total of 300 identical rooms.
Suppose that a popular hotel for vacationers in Orlando, Florida, has a total of 300 identical rooms.

What effect do communication skills have on ability to pursue

Answers

Answer:

you. dummy joking I. don't know

aldean company wants to use absorption cost-plus pricing to set the selling price on a new product. the company plans to invest $170,000 in operating assets to produce and sell 17,000 units. its required return on investment (roi) in its operating assets is 18%. the accounting department has provided cost estimates for the new product as shown below: per unit total direct materials $ 7.80 direct labor $ 5.80 variable manufacturing overhead $ 2.80 fixed manufacturing overhead $ 130,050 variable selling and administrative expenses $ 1.80 fixed selling and administrative expenses $ 20,570 required: 1. what is the unit product cost for the new product? (round intermediate calculations and final answer to 2 decimal places.) 2. what is the markup percentage on absorption cost for the new product? (round intermediate calculations to 2 decimal places.) 3. what selling price would the company establish for its new product using a markup percentage on absorption cost? (round intermediate calculations and final answer to 2 decimal places.)

Answers

1) The unit product cost for the new product is  $24 .05

2) the markup percentage on absorption cost for the new product is 20%

3)the selling price would the company establish for its new product using a markup percentage on absorption cost is  $ 25.5   per product  

Since we are provided with the direct material which is   $ 7.80,  the direct labor per unit which is   $ 5.80, the variable manufacturing overhead which is $ 2.80, and the unit sales is  17,000   m and we are also provided with the return on investment (ROI) in its operating assets which is 18%, plus the fixed manufacturing overhead which is $ 130,050  and also the selling and administrative expenses which are $ 1.80.

Since we know the formula for calculating the unit product  cost is :

= Direct material cost per unit + Direct labor per unit+ Variable manufacturing overhead + Fixed manufacturing overhead

= $ 7.80+ $ 5.80 +$ 2.80 +($ 130,050/ 17,000)

= $ 7.80+ $ 5.80 +$ 2.80 + $7.65

= $24 .05

Secondly, the formula for calculating the Markup percentage on absorption cost  is:

= [(Required ROI × Investment) + Selling and administrative expenses] ÷ [Unit product cost × Units sales]

=[( 18%* $170,000)+ (   $ 1.80* 17,000   +$ 20,570 ) ] ÷ [ $24 .05*  17,000]

= 30600+51170÷408850

= 20 %

Lastly, theformula for calculating the selling point is

=((1 + markup percentage) x (Direct materials + Direct labor + Manufacturing overhead) )

=((1+20 %)*( 7.80+5.80+$7.65)

=  $ 25.5

To know more about unit product cost refer to the  link  https://brainly.com/question/15173384?referrer=searchResults.

#SPJ4

Who decides the business ethics for a company?

Answers

Answer:

Four groups of people are generally responsible for the success of a business:Employees,customers,the community and shareholders.

Explanation:

ethical companies need to balance their responsibilities to these groups, especially when they have conflict









CAYPBELL. SOUP COMPATY Consolidated Balance Sheets (Millions, except per share anounts)
Required: Prepare a common size balance sheet at July 28, 2019. Note: Round your percentage answers to 1 decima

Answers

To prepare a common-size balance sheet at July 28, 2019, the assets, liabilities, and equity items should be expressed as percentages of the total assets.

How can the common-size balance sheet be prepared?

To prepare a common-size balance sheet, the total assets figure is taken as 100%. Each asset item is divided by the total assets and multiplied by 100 to express it as a percentage of the total assets. Similarly, the total liabilities and equity figures are also taken as 100%, and each liability and equity item is divided by the respective total and multiplied by 100.

For example, if the total assets on July 28, 2019, were $500 million and cash and cash equivalents were $50 million, the common-size percentage for cash and cash equivalents would be calculated as follows:

\[ \text{Cash and cash equivalents} = \frac{50}{500} \times 100 = 10\% \]

This process is repeated for each asset, liability, and equity item on the balance sheet to derive the common-size percentages for each item.

Learn more about balance sheet

brainly.com/question/34287613

#SPJ11

jordyn has 300$ in her bank account at the beginning of the school year.she always wants to have at least 50 $ in her account .if she withdrawals $15 per week,for how many weeks can she take money out of her account ?

Answers

Jordyn has $300 in her bank account at the beginning of the school year. She always wants to have at least $50 in her account. If she withdraws $15 per week, she can take money out of her account for 16 weeks before reaching the $50 minimum balance.

At the beginning of the school year, Jordyn has $300 in her bank account. She always wants to have at least $50 in her account, which means she can withdraw up to $250. If she withdraws $15 per week, she can take money out for 16.67 weeks, but since she can't withdraw a fraction of a week, she can only take money out for 16 weeks. After that, she will have $50 left in her account. So, she can take money out of her account for 16 weeks.

Know more about account here:

https://brainly.com/question/22917325

#SPJ11

Who do you think has the most
influence?

Answers

Answer:

because the influence is an important

A firm has $1,800,000 in sales, a Lerner index of 0.58, and a marginal cost of $35, and competes against 900 other firms in its relevant market. Instruction: Enter your responses rounded to two decimal places. a. What price does this firm charge its customers? b. By what factor does this firm mark up its price over marginal cost?

Answers

the firm charges its customers approximately $83.33 and marks up its price over marginal cost by a factor of approximately 1.38.

To determine the price charged by the firm and the factor by which it marks up its price over marginal cost, we can use the Lerner index formula and the given information.

a. Price charged by the firm:

The Lerner index is calculated as (P - MC) / P, where P represents the price and MC represents the marginal cost. Rearranging the formula, we have P = MC / (1 - Lerner index).

Given that the marginal cost is $35 and the Lerner index is 0.58, we can substitute these values into the formula:

P = $35 / (1 - 0.58)

P = $35 / 0.42

P ≈ $83.33

Therefore, the firm charges its customers approximately $83.33.

b. Markup factor over marginal cost:

The markup factor over marginal cost is calculated as (P - MC) / MC. Substituting the values into the formula, we have:

Markup factor = ($83.33 - $35) / $35

Markup factor ≈ $48.33 / $35

Markup factor ≈ 1.38

Therefore, the firm marks up its price over marginal cost by a factor of approximately 1.38.

for more questions on  marginal cost

https://brainly.com/question/30165613

#SPJ8

Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Group of answer choices auditing. economics. finance. accounting.

Answers

Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.

Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.

While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.

learn more about "economic ":- https://brainly.com/question/17996535

#SPJ11

. Relaciona el éxito o fracaso que han tenido las industrias con la jerarquía de las necesidades de la pirámide de las Necesidades individuales de Maslow. Mínimo 5 líneas, máximo 7 2. Elabora una lista con los nombres de los productos o servicios que ofrecen al mercado en cada una de estas industrias. 3. Completa el siguiente cuadro y coloca en la última columna el producto/servicio y nombre que le pondrías a tu nuevo emprendimiento

Answers

Answer:

Las respuestas  a cada pregunta se detallan en la explicación.

Explanation:

1.Hoy en dia al gran proceso de globalización que enfrentamos,las industrias de la tecnología industrial  han logrado acoplarse muy bien dentro de la estructura jerárquica de la escala de Maslow como necesidades de seguridad,es decir que es muy importante que sepamos utilizarla por ejemplo en el caso de la tecnología móvil o GSM ( un portátil,un celular,una impresora); para de esta manera realizar de manera correcta determinadas funciones dentro de una empresa y así poder conservar nuestros empleos y por consiguiente cubrir nuestras necesidades de alimentación,techo  y abrigo ,pero no solo nuestras necesidades básicas sino también  las de nuestra familia.

2.Industria de la tecnología: Ofrece diversos productos en el mercado como son:

-celulares de toda gama

-Computadores portátiles.

-Tablets

-Automatización o Robótica

-Nanotecnología

-Aviación.

Providing Feedback This morning, one of you team members gave a presentation to the business unit about the new system. The material was well organized; he spoke clearly and handled questions with confidence. However, the presentation took nearly twice as long as it was scheduled for, and you noticed some of the audience glancing at the clock. You are planning to give feedback to the team member. WHAT Feedback would you give (HW: 4loops):
A.OBSERVATION: Betto, I noticed…
B.IMPACT: Betto, that will result in…
C.REQUEST: Betto, I’d like to ask that you…
D.AGREEMENT: Betto, do you agree that if you did x/y/z…

Answers

A. OBSERVATION: Betto, I noticed that the presentation took nearly twice as long as scheduled, and some audience members were glancing at the clock.

B. IMPACT: Betto, this will result in audience disengagement and potential loss of interest  in the topic.

C. REQUEST: Betto, I'd like to ask that you work on improving the time management aspect of your presentations to ensure they fit within the allocated timeframe.D. AGREEMENT: Betto, do you agree that if you can streamline your presentation and adhere to the scheduled time, it will help maintain audience attention and make your delivery more effective?

When providing feedback to Betto, it's important to structure it in a constructive and collaborative manner. The feedback should address the observation, explain the impact, suggest improvements, and seek agreement on the suggested actions.

A. OBSERVATION: Start by stating the observation, acknowledging the positive aspects of the presentation, and then highlighting the specific issue noticed, which is the duration exceeding the allotted time.

B. IMPACT: Explain the impact of the observed issue. In this case, emphasize that a longer presentation can lead to audience disengagement and loss of interest. This helps Betto understand the importance of addressing the concern.

C. REQUEST: Clearly state the requested improvement. In this case, it is to work on time management during presentations and ensure they fit within the allocated timeframe. By making this request, you are providing a specific area for Betto to focus on and improve.

D. AGREEMENT: Seek agreement from Betto on the suggested actions. By asking if Betto agrees that streamlining the presentation and adhering to the scheduled time will be beneficial, you are encouraging open communication and collaborative problem-solving.

Overall, this feedback approach acknowledges the positive aspects of the presentation, addresses the specific issue observed, explains the impact, suggests improvements, and seeks agreement on the proposed actions. This helps foster a constructive feedback conversation and encourages Betto to make the necessary improvements for future presentations.

Learn more about interest here:

https://brainly.com/question/30393144

#SPJ11

what is meant by the phrase 'external costs of production'

Answers

External costs of production, also known as externalities, refer to the indirect costs that are incurred as a result of producing goods and services but are not reflected in the market price.

These costs are imposed on individuals or society as a whole and are not accounted for by the producers or consumers of the goods and services. Externalities can be negative or positive and can arise from a variety of sources, such as pollution, congestion, noise, or benefits to others. Externalities are often considered to be market failures because they can result in inefficient outcomes and distortions in resource allocation.

Therefore, external costs of production, also known as externalities, refer to the indirect costs that are incurred as a result of producing goods and services but are not reflected in the market price.

Learn more about externalities, here:

https://brainly.com/question/24233609

#SPJ1

The ending inventory of finished goods has a total cost of $10,000 and consists of 500 units. If the overhead applied to these goods is $2,000, and the overhead rate is 50% of direct labor, how much direct materials cost was incurred in producing these units?.

Answers

Direct Materials cost of $4,000 was incurred in producing these 500 units.

Direct Material + Direct Labour + Overhead =Total Cost

Direct Material + ($2,000/0.50) + $2,000=$10,000

Direct Material cost =$4,000

The price of the raw materials and parts needed to make a product is known as the direct material cost. With the finished product, the materials must be clearly visible (otherwise they are considered to be joint costs). Since the direct material cost is one of the few variables in the manufacturing process, it is taken into account while determining throughput from the production processes. Sales minus all completely variable costs equals throughput.

Learn more about Direct Material cost, here

https://brainly.com/question/15012260

#SPJ4

I need help on this

I need help on this

Answers

Answer: fra

Explanation:

________ innovation is based on the conviction that new products and consumer solutions can successfully emerge only from inside the organization. marketing

Answers

Marketing innovation is based on the conviction that new products and consumer solutions can successfully emerge only from inside the organization.

What is marketing innovation?

Marketing innovation is a term used to refers to how the new products can be used to convince the consumer so they can buy it.

It is based on the organization can comes up with better idea to win heart of consumer.

Learn more about marketing at!

https://brainly.com/question/14457086

Analysts say visitors stay an average of how many seconds on any webpage?

A. 1-2 Seconds
B. 5-15 Seconds
C. 10-20 Seconds
D. 45-60 Seconds

Answers

The answer is c. 10-20 seconds
C is the answer. 10-20 seconds

Barbara found a 1099-Int from her bank while spring cleaning. She knew right away that she did not give this to her accountant for her tax preparation. What can she expect from the IRS?

Answers

Answer:

In simple words, A 1099-INT tax return is proof that you were paid interest by someone – a bank or another company. A 1099-INT is sent if you received more than $10 in interests from a bank, stockbroker, or other commercial organization Your bank may have sent you this tax form because it paid your income on your funds.

When was Sarbanes-Oxley Act passed?

Answers

In 2002 Sarbanes-Oxley Act was passed.

The Sarbanes-Oxley Act, also known as the Public Company Accounting Reform and Investor Protection Act of 2002, is a federal law in the United States that was enacted in response to a series of high-profile corporate accounting scandals, such as the Enron scandal. The purpose of the law is to improve corporate governance and financial reporting, and to protect investors from fraudulent and deceptive accounting practices.

The Sarbanes-Oxley Act requires publicly traded companies to implement a variety of measures to ensure the accuracy and transparency of their financial reporting. These measures include requirements for enhanced financial disclosures, internal controls, and independent audits. The Act also created a new oversight board, the Public Company Accounting Oversight Board, to regulate the accounting industry and to oversee the auditing of public companies.

To learn more about Sarbanes Oxley act visit here:

brainly.com/question/27915345

#SPJ4

Answer:

2002



Explanation:

act changed the rules for how managers and auditors control and report company finances.

in 2001 company Enron was internally fabricating financial records and falsifying the success of its company.

Arthur Andersen was the auditor telling investors that the company was successful even though it wasn't .

sarbanes oxley act came from this

Arthur Anderson got punished & was re named Accenture

enron went out of business

Other Questions
A rectangle in Quaderant 1 is transformed to produce a congruent rectangle in Quaderent 2. Which could describe the transformation. Select the correct answer from each drop-down menu.Analyze the pedigree shown.Osquare = malecircle femaleexpressestrait10- does not10- carries traitexpress traitThe tralt in the pedigree above iswandReset Find the measure of each marked angle.What is top left and what is bottom right equivalent to!?And brainliest shall be given. I need help with number 3 can someone help me identify this? plss i need this for a grade A steady push on the piston in Fig: causes a flow rate Q = 0.15 cm"/s through the needle. The fluid has 900 kg/m' and p 0.002 kg/(m:s). What force F is required t0 maintain the flow? Dz=lem D, = 0.25 mm Scm- CMI' Table 1:Table 2:Table 3:Table 4:Table 5:[The following information applies to the questions displayed below.] DLW Corporation acquired and placed in service the following assets during the year: Assuming DLW does not elect \( \$ 179 \) expe What is the equation of a line that passes through the points `\left(-2\ ,\ 9\right)`and `\left(-4\ ,\ -4\right)`? After the initial step, Grey should list his possible actions related to the new law and evaluate each option for each stakeholder ~ . Using the information from the first two steps, Grey should work with his staff to come to a consensus and develop a plan of action. Under the ERISA, which of the following would NOT be considered a qualified public accountant as defined by Section 103? a. A person who is a certified public accountant, certified by a regulatory authority of a state. b. A person who is a licensed public accountant, licensed by a regulatory authority of a state. c. A person who is a licensed public accountant, licensed by a regulatory authority of a foreign government. d. A person certified by the Secretary of Labor as a qualified public accountant in accordance with regulation published by the Secretary for a person who practices in states where there is no certification or licensing procedure for accountants. -6 x + 3 < 10 solve x lucy takes classes at both westside community college and pinewood community college. at westside, class fees are per credit hour, and at pinewood, class fees are per credit hour. lucy is taking a combined total of 16 credit hours at the two schools.suppose that she is taking credit hours at westside. write an expression for the combined total dollar amount she paid for her class fees. Name one reason why the rules were too rigid within the Articles of Confederation. a star has a stellar parallax of 0.26 seconds of arc. find the distance to the star in light years. What type of activities do you like to do and why? How can these activities help your personal physical fitness? what's a simple way to explain what trachea means ? what is the radian measure of an angle of 128? Divide the population by the desired sample size to establish that every nth person should be selected; select a random number to establish where in the list to begin selection. What is sampling procedure? A. Cluster sampling B. Simple random sampling C. Stratified random sampling D. Systematic sampling Triangle DEF is a right triangle, and mD is 32. What is mF? A. 32 B. 45 C. 58 D. 68 what are two examples of natural laws in science