For compliance with SOX, assessed risk for business processes must be clearly

A) tested and reported to FASB.
B) documented on form Circular E and submitted to the SEC.
C) tested and checked for material irregularities.
D) documented and controls selected for testing and evaluation.

Answer: D

Business

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The government requires a developer to provide off street parking for tenants. The developer will suffer a loss because he may not use the parking area to build additional units as he intended. This is an example of

a) eminent domain b) inverse condemnation c) police powers d) escheat

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What is the difference between producers and resellers?

What will be an ideal response?

Business