The Sarbanes-Oxley Act requires companies to have their internal audit procedures assessed at least

A) monthly.
B) quarterly.
C) annually.
D) at any time they choose.

C

Business

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Inasmuch as real property requires more time to market than listed securities, requires more care, and comes in larger denominations, its return should be:

A: About the same as from bonds; B: Higher than from bonds and less than from first trust deeds; C: Equal to the return from first mortgages; D: Higher than that of bonds or first mortgages.

Business

A mutual fund's net asset value (NAV) reflects

A) the market value of all its holdings. B) the amount distributed to shareholders each year. C) its revenues minus its expenses. D) its per-share value in a bankruptcy liquidation.

Business