The Sarbanes-Oxley Act established the Public Company Accounting Oversight Board (PCAOB). What are the PCAOB's primary functions?
What will be an ideal response?
The PCAOB provides oversight for auditors of public companies; establishes auditing, attestation, and quality control standards for public company audits; and performs inspections of audit engagements as well as the quality controls at audit firms performing those audits.
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Dave was employed by a car dealer to work in the parts department. He was instructed not to loiter in the sales area and, if asked by a customer whether he worked there, to reply that he was not a salesperson. One day while Dave was looking at a new car, a customer asked whether he worked there, Dave replied yes. What authority, if any, does Dave have to sell a car? Group of answer choices
A. Apparent. B. None. C. Express. D. Implied.
Simpson Industries Inc. pays a $1.37 dividend every quarter and will maintain this policy forever. What price should you pay for one share of common stock if you want an annual return of 12.5% on your investment?
A) $43.84 B) $43.94 C) $44.84 D) $44.94