Which of the following are provisions of the Sarbanes-Oxley Act of 2002?
I. an oversight board to monitor the accounting industry
II. tougher penalties for executives who commit corporate fraud
III. stricter prohibitions against insider trading
IV. guidelines for analysts conflicts of interest
A) II and IV only
B) I, II and III only
C) I and IV only
D) I, II and IV only
Answer: D
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A company's business mission is typically directed at ________, while a company's vision is typically directed at ________
A) all stakeholders; internal stakeholders B) internal stakeholders; all stakeholders C) internal stakeholders; external stakeholders D) external stakeholders; internal stakeholders E) external stakeholders; all stakeholders
Which of the following statements is TRUE of a profit-sharing plan?
a. Under a profit-sharing plan, wage increases provided to the workers are based on the consumer price index. b. Under a profit-sharing plan, the wages paid to workers are based on the number of hours they work over the required time. c. Profit-sharing plans tend to increase waste and decrease efficiency. d. Under a profit sharing plan, employees receive a lump-sum payment in addition to their regular wages based on sales levels.