___ requires that all publicly held firms have audit committees comprised of independent directors.
Answers
The requirement that all publicly held firms have audit committees comprised of independent directors is known as corporate governance.
Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. One crucial aspect of corporate governance is the establishment of an audit committee. The audit committee is a subgroup of the board of directors responsible for overseeing the financial reporting process, internal controls, and audit functions within the company.
It ensures the accuracy and reliability of financial statements and enhances transparency and accountability. The composition of the audit committee is vital, and one key requirement is the inclusion of independent directors. Independent directors are individuals who have no financial or personal relationships with the company, allowing them to provide unbiased oversight and ensure the integrity of the auditing process.
This requirement aims to strengthen the independence and effectiveness of the audit committee, promoting sound corporate governance practices in publicly held firms.
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Related Questions
Describe five features of economic resources
Answers
Answer:
5 Features of economic resources
Features of economic resources include:
Scarcity. They are found in small quantities compared to the many uses into which they have to be put and hence not sufficient to satisfy all human wants.
Monetary Value. ...
Uneven distribution. ...
Combinability. ...
Usefulness. ...
Transferability.
Explanation:
Private: Easily excluded and subtractive. Common pool: Difficult to excluded and subtractive. Toll: Easily excluded and jointly consumption. Public: Difficult to exclude and jointly consumed.
Principles that help define appropriate behavior in a business setting are?
A business ethics
B business regulations
C corporate culture
D morals
Answers
Answer:
A business ethics
Explanation:
Business ethics provide the moral principles that guide the way a business and its people conduct themselves while transacting. They are the rules that a business should follow while conducting business transactions. Through business ethics, a company is able to formulate standards that regulate employee conduct. Standards make it possible to distinguish what is acceptable or wrong when engaging with customers.
The law of supply states that other things being equal, the quantity supplied of a good increases as its price increases, and the quantity supplied of a good decreases as its price decreases.
Answers
The answer is true, The law of supply states that other things being equal, the quantity supplied of a good increases as its price increases, and the quantity supplied of a good decreases as its price decreases is true.
What Exactly Is Supply?A fundamental idea in economics is supply, which refers to the entire amount of a particular commodity or service that is offered to customers. Depending on how it is shown on a graph, supply may refer to the quantity offered at a certain price or the quantity offered throughout a range of prices.
Is selling equivalent to supply?The quantity of goods and services that vendors are prepared to sell are referred to as supply. Standard practice dictates that supply rises as prices rise; a supply curve can be used to visually depict this trend.
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(module 1 featured worksheet economic concepts)
Identify whether each of the following statements addresses primarily macroeconomics or microeconomics.
_______________1. The unemployment rate is holding steady at 7.2%.
_______________2. The government should decrease taxes.
_______________3. Colleges should decrease tuition rates for freshmen.
_______________4. The price of cars is rising.
_______________5. A school is considering purchasing tablets for all students.
Answers
Macroeconomics , Macroeconomics , Microeconomics , Macroeconomics , Microeconomics.The social science of economics focuses on the creation, trade, and consumption of goods and services.
Economics is a branch of social science that looks at how people, corporations, and governments divide resources to produce goods and services among various groups of people and organisations. It focuses on the analysis of supply and demand, production costs, and the distribution of income and wealth as well as market behaviour. Microeconomics and macroeconomics are the two primary subfields of economics. While macroeconomics examines the overall structure of an economy, including inflation, economic growth, and unemployment, microeconomics focuses on the actions of specific economic actors, such as individuals and businesses. Understanding the world around us and using it to inform our choices in personal finance, business, and public policy requires an understanding of economics.
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Look at the equation framework.
3 empty boxes show the parts of an equation. The first box = the second box minus the third box.
Which of the following lists the proper placement of terms, from left to right, to complete the equation?
revenue, profit, opportunity cost
profit, revenue, production cost
production cost, profit, revenue
opportunity cost, revenue, profit
Answers
Answer:
profit, revenue, production cost
Explanation:
Profit is the rewards or gains realized for engaging in business activities. A business is profitable when revenue is more than the expenses.
Revenue is the income generated from the normal business activities of selling goods and services.
Production costs are the expenses incurred in making goods meant for sale.
Answer:
B
or
profit, revenue, production cost
Explanation:
Describe the differences and similarities surrounding the circumstances that caused the financial crisis during the 1980s and the crisis of 2007.
Answers
Answer:
The financial crisis that began in the 1980s was the result of lax government regulations and management fraud that led to the closure of more than 1,000 savings and loans. The 2007 crisis was the result of risky mortgage loans and investments connected with those loans. In each case the situation resulted in borrowers’ inability to pay back loans and caused many to lose their homes due to foreclosure.
Explanation: Took the practice test on edge and this was the sample response. ^-^
Increased unemployment, loss of income and increased risk have been among the major social impacts of the crisis.
What do you mean by financial crisis?
A financial crisis is when financial instruments and assets fall sharply in value.
In the 1980s, The financial crisis that occurred was the result of government regulations and administrative fraud that resulted in the closure of savings and more than a thousand loans.
The crisis of 2007 was the result of risky home loans and investments related to those loans.
Thus,these are the differences and similarities of the financial crisis during the 1980s and the crisis of 2007.
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Why are tradeoffs necessary?
a. Resources are limited
b. People want different things
C. Every product has flaws
d. Advertisers promote products
Answers
Answer:
trade offs are necessary because resources are limited,people want different things, every product has flaws, and advertisers can promote products.
The U.S. government's most comprehensive source of world trade data is:
A) National Trade Data Base (NTDB).
B) Census Bureau.
C) Bureau of Economic Analysis.
D) Eurostat.
E) Gross Domestic Product (GDP).
Answers
The U.S. government's most comprehensive source of world trade data is the National Trade Data Base (NTDB). Option A is correct.
The National Trade Data Base is a comprehensive source of international trade statistics that is maintained by the U.S. International Trade Commission (ITC) in conjunction with other government agencies. It includes detailed information on imports and exports for thousands of different products and services, as well as data on trade partners, tariffs, and other trade-related factors.
The Census Bureau and the Bureau of Economic Analysis also provide valuable economic data, including information on trade, but the National Trade Data Base is specifically focused on trade and provides the most detailed and comprehensive data on international trade flows. Eurostat is the statistical office of the European Union, and GDP is a measure of the total value of goods and services produced in a country over a given period of time.
Hence, A. is the correct option.
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managers can reduce their operations variable labor cost percentage by increasing worker productivity quialet. true or false
Answers
True. Managers can reduce their operations' variable labor cost percentage by increasing worker productivity.
When workers become more productive, they can produce more output within the same amount of time, which can lead to a reduction in labor costs per unit of output. This, in turn, can decrease the variable labor cost percentage.
By implementing measures such as training programs, improving work processes, providing efficient tools and equipment, or incentivizing employees, managers can help increase worker productivity. When workers are able to produce more output with the same or fewer resources, it can lead to cost savings and improved operational efficiency.
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4. Include the citation for the image in your career presentation here. (4.0 points)
Needed ASAP
Answers
We can include citation for an image by including caption or footnote with the relevant information.
How can we include citation of image in our career presentation?When using image in career presentation, it important to provide proper attribution to avoid plagiarism and give credit to the original source. We do this by including caption or a footnote with the relevant information such as the creator's name, the source of the image and the date it was published or accessed.
If you are using an image from a website, you can often find this information by looking for the "About" or "Credits" page. We cal also use a tool such as the Creative Commons search engine to find images that are licensed for reuse with attribution which can simplify the citation process.
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Education Career Video Assignment
In order to complete this assignment, you must first watch at least 3 of the 5 videos that are in the course under MODULE 3.01. After you have watched them, answer the following questions about 3 of the 5 jobs you learned about. Once you are finished save your file. Then upload it to the Education Careers Video Assignment dropbox.
Name:
Video #1
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Video #2
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Video #3
1. What is the job title?
2. Where do people with this career go to work?
3. What education do you need for this career?
4. Why did you choose this career?
Answers
the difference between aon and aoa networks is that: A) AOA networks sometimes require dummy activities. B) nodes consume no resources or time in AOA networks. C) both are acceptable in practice. D) nodes designate activities in AON, while arrows designate activities in AOA E) All of the above are true.
Answers
What sets aon & aoa networks apart The information above is accurate.
AOA networks: What are they?It is a method of network diagramming in which arrows are used to depict the activities. Each node and event has an arrow connecting the beginning and ending points. There is an arrow that indicates the activity between the two nodes.
What makes us utilise AOA?Scheduling and keeping track of each project activity are the goals of an AoA. Because you can see each work or event in its proper sequence, this encourages organisation. Any project's performance can be enhanced by better organisation.
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nominal interest rate stack. Which block accounts for the fact that at any given moment in time, lenders will offer a variety of interest rates
Answers
The block that accounts for the fact that lenders offer a variety of interest rates at any given moment in time is the nominal interest rate stack. The nominal interest rate stack is the range of interest rates that lenders offer to borrowers. It represents the different rates at which lenders are willing to lend money based on factors such as the borrower's creditworthiness, the loan term, and market conditions.
Lenders determine the interest rates they offer by considering several factors. These factors include the cost of funds for the lender, the perceived risk associated with lending to a particular borrower, and the overall demand for loans. Lenders aim to offer competitive interest rates to attract borrowers while also ensuring that they are adequately compensated for the risks they take. The nominal interest rate stack is important because it allows borrowers to compare and choose the best loan terms available to them. By understanding the range of interest rates offered by different lenders, borrowers can make informed decisions and potentially secure more favorable loan terms. It is worth noting that the specific interest rate a borrower receives will depend on their individual circumstances and negotiations with the lender.
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Corrective taxes are unlike most other taxes because they:_________
Answers
Corrective taxes are unlike most other taxes because they are specifically designed to correct a negative externality, which is an unintended cost imposed on a third party as a result of an economic activity.
Unlike other taxes, which are primarily designed to raise revenue for the government, corrective taxes aim to discourage behavior that creates negative externalities, such as pollution, by making it more expensive to engage in that behavior.
The idea behind corrective taxes is to align the private cost of an activity with its social cost, which includes the cost imposed on third parties. For example, a tax on carbon emissions would increase the cost of using fossil fuels, such as gasoline and coal, which would incentivize individuals and firms to use cleaner, renewable energy sources instead.
This would not only reduce the negative externality of pollution but also encourage innovation in clean energy technologies. Therefore, corrective taxes are unlike most other taxes because they are designed to achieve a specific policy goal, rather than simply generating revenue for the government.
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Which college is better for oncology of the following?
- The University of Toledo Health Science Campus
- The Ohio State University Wexner Medical Center
Answers
Answer:
B hope this helps :)
Answer:
B good luck good sir or madam
Your gross income is 10,000 a month before taxes, and income taxes are estimated at a rate of 20%. In addition, your debt is $2,000 per month. What is your monthly personal debt ratio.
A. 85%
B. 25%
C. 40%
D. 30%
I’m in between B and C because if you take away the 20% for taxes, you get 8,000 and 2000/8000 is 25%, BUT 2000 is 20% of 10000 and plus the 20% for taxes is 40%. What do I do?
Answers
Answer:
c because isnt 2000=20% of 10000 so 40%
Explanation:
In which knowledge area do the best or alpha project managers spend almost twice as much time as typical project managers?
Answers
the best or alpha project managers spend almost twice as much time as typical project managers on planning
A manager is a professional who takes a leadership role within an organization and leads a team of employees. Managers are often responsible for running specific divisions of a company. There are different types of managers, but they are usually responsible for the performance, conducting reviews, making decisions, etc.
Managers are most often responsible for a specific function or department within an organization. From accounting to marketing, sales, customer care, engineering, quality, and all other groups, managers directly lead a team or direct a group of supervisors who oversee a team of employees.
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Identify each statement as either true or false. In the United States, banks keep the entire value of all customer deposits in the bank vault to meet customer withdrawals. Banks typically loan out a portion of customer deposits. Bank runs occur when many customers attempt to withdraw deposits from a bank at the same time and the bank is unable to pay all customer withdrawals. The Federal Deposit Insurance Corporation (FDIC) protects bank depositors from bank failure. The fractional reserve banking system requires all banks to keep the total value of customer deposits in their vaults to prevent bank runs.
Answers
Answer:
false
true
true
true
false
Explanation:
Fractional banking is a banking system where a portion of customer's deposits is kept as reserves while remaining portion is lent out. The amount kept as reserves is determined by the required reserve ratio set by the Central bank.
If the required reserve ratio is 10% and $100 is deposited, reserves would be $10 and $90 would be lent out
Fractional banking is practiced in the US
Bank run is when depositors withdraw their monies from the bank due to fear of the bank failing.
The Federal Deposit Insurance Corporation (FDIC) was established after the great depression. Bank run was attributed to be one of the causes of the great depression. The FDIC increases confidence of depositors in banks because they insure the deposit of bank customers. In the case a bank fails, customers are assured that they would not lose their monies deposited
James Rome, a California CPA practicing in California, is a sole practitioner who has his office in San Diego. James provides various bookkeeping, accounting, payroll, and tax services to
about 50 small business clients. Mary is an assistant to James and is the only employee of the firm. Which of the following is a proper form of notice to his clients regarding James' status as a Certified Public Accountant in the State of California?
A) Displaying the certificate of licensure issued by the Board in the office or the public area of the premises where the licensee provides the licensed service.
B) Any method of written notice, including a written notice that is electronically transmitted or a written notice posted at an Internet Website.
C) Providing a statement to each client to be signed and dated by the client and retained in that person's records that states the client understands the person is licensed by the California Board ofAccountancy.
D) All of the above.
E) Both a. and c. but not b.
Answers
The proper form of notice to clients regarding his status as a Certified Public Accountant in the State of California is D. All of the above.
How is a Certified Public Accountant in the State of California to notify clients?In the state of California, a Certified Public Accountant has several ways that they are allowed to notify their clients of their status and one of them is that they are to display the certificate of licensure issued by the Board of Accountants in California in their office or in a public place.
They can also use a handwritten notice and handwritten notices on their website or transmitted electronically also suffice. The clients can also sign and date a statement from James and in these records, the client agrees that they understand the licensing of the James by the California Board of Accountancy.
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In which type of economy is a business owner most likely to benefit from free enterprise?
Answers
hope this helps
Answer:
Sole proprietorship
Explanation:
I’m not 100% sure but it’s a sole individual business
how much oil does the us produce per day
Answers
Answer:
about 18.662 million barrels per day
Explanation:
Please hurry!
What a loan is, what interest is, and how the annual percentage rate (APR) measures the true cost of a loan.
Answers
Answer:
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed.
Explanation:
what happens when the government runs out of money?
Answers
Answer:
cdtdtuky ue ysruosixsyxsiysc
no one will get paid any money
The total estimated cost of attending a public two-year college in Hasani’s home town last year was $2,265. The cost of attending the college is expected to increase 5% annually. Hasani plans to enter the college this year and attend for 2 years. Which is the best estimate for the total cost Hasani will pay for only his second year? $2,270.66 $2,275.00 $2,491.50 $2,497.16
Answers
Answer: Hi there! For this question, we will be compounding, because the cost of going of going to college goes up by 5% each year. The formula for compounding is P(1 + r)^t, where P = starting amount, r = rate, and t = time in years. First, let's add 5% (0.05) to 1. 1 + 0.05 is 1.05. We are talking about how much Hasani will have to pay in his second year. We will raise that number to the 2nd power. 1.05^2 is 1.1025. Now, we will multiply that number by2,265 to find the amount. When we multiply both numbers, we get 2,497.1625 or 2,497.16 when rounded to the nearest hundredth. There. Hasani will pay an estimated cost of $2,497.16. The answer is D.
Answer:
D
Explanation:
What the Benefits of SMART TRAFFIC MANAGEMENT SYSTEM in iot
?
please in the beginning small paragraph
Answers
Smart Traffic Management Systems in IoT optimize traffic flow, enhance safety, and reduce congestion through real-time monitoring, incident detection, and data analysis.
Smart Traffic Management Systems leverage the power of IoT to revolutionize transportation management. Real-time monitoring of traffic conditions enables dynamic adjustments to traffic signal timings, ensuring optimized traffic flow and reducing congestion. By utilizing IoT sensors and cameras, these systems can detect incidents such as accidents, breakdowns, or congestion, allowing for immediate responses and appropriate interventions, such as redirecting traffic or dispatching emergency services. Furthermore, the collected data from various sources, including sensors and vehicles, can be analyzed to identify traffic patterns, bottlenecks, and peak hours.
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Two countries, Country A and Country B, produce petroleum and seafood. A 4-column table has 2 rows. The first column is labeled country with entries Country A, Country B. The second column is labeled Cost (units) with entries 1, 1. The third column is labeled Petroleum (units) with entries 16, 8. The fourth column is labeled Seafood (units) with entries 8, 8. Based on the data in the table, has the absolute advantage in producing petroleum.
Answers
Answer:
Country A
Explanation:
Based on the data in the table, has the absolute advantage in producing petroleum is country A.
What is absolute advantage?
A country has an absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries.
Looking at the table, Country A, produces 16 units of pertroluem while Country B produces 8 units. Thus, Country A has an absolute advantage.
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How does decreasing your credit card balance affect your income statement? (1 point)
It increases your monthly expenses, increasing the amount you spend each month.
It increases your monthly expenses, giving you more money to spend on other things.
It decreases your monthly expenses, increasing the amount you spend each month.
It decreases your monthly expenses, giving you more money to spend on other things.
Answers
The way in which decreasing your credit card balance would affect your income statement is that: D. It decreases your monthly expenses, giving you more money to spend on other things.
What is a credit card?A credit card simply refers to a small, rectangular flat card that is issued by a financial institution to its eligible customers, in order to avail them an opportunity to purchase goods and services on credit, especially based on the agreement that this amount of money would be paid back at a specific time and interest rate.
Generally speaking, a credit card balance can be defined as the total amount of money that an individual owe his or her credit card company. This ultimately implies that, a decrease in credit card balance would cause a decrease in monthly expenses, which avails the credit card holder more money to spend on other things.
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Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle
2. a payday loan
3. an unsecured installment loan
4. It decreases your monthly expenses, giving you more money to spend on other things.
5. Determine or estimate the current value of everything you own.
6. Their ability to repay a loan
7. your prior record of paying your bills and paying off your debts
8. your age and gender
9. You can request one online or over the phone.
10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.
11. -the lender that provided the incorrect information
-the credit bureau that prepared the report
12. right away
13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.
14. The longer the term, the more you will pay in interest.
15. It will cost you less money overall.
16. A store credit card generally comes with a higher interest rate.
17. You will save money if you pay the balance off quickly.
18. -Clarifying the confusing language found on credit card applications.
-Forcing lending companies to disclose interest rates and hidden fees.
19. It banned credit card companies from raising interest rates after missed payments.
20. -a fixed annual charge for the use of a credit card
-a charge if the minimum payment is not paid by the due date
21. paying off the balance before interest can accrue
22. $30
23. Determine which card has the higher interest rate and pay the extra money to that card first.
Explanation: All these answers are correct!
Why is choosing an appropriate mortgage potentially even more important than
choosing an appropriate auto loan?
Answers
Here are five considerations to keep in mind as you compare vehicle loans to find the best deal: Annual Percentage Rate (APR) When searching for a car loan, your annual percentage rate, or APR, is a crucial consideration.
Monthly Payment, Loan Term, Loan Amount, Fees and Penalties, and Final Remarks.
You wish to drive a modern car that you won't be able to pay for without financing in a fair amount of time. The moderate interest rate means that the additional costs won't have a big impact on the overall cost of the vehicle. The periodic payments won't put undue strain on your current or next finances.
This rule states that housing costs should not exceed 28% of one's gross monthly income and total debt service should not exceed 36%. This rule is frequently used by lenders to decide whether or not to offer borrowers credit.
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Dow jones u. S. Completion total stock market index?.
Answers
The Dow Jones U.S. Completion Total Stock Market Index (DWCPF) measures the overall performance of all U.S. equities excluding S&P 500 Index constituents.
DWCPF includes all the remaining U.S. common stocks and depositary receipts. It is made up of 3,100 components in both large and small companies. The index was created by Dow Jones & Company and includes all companies that have a market capitalization of greater than or equal to $100 million.
In addition to the Dow Jones U.S. Completion Total Stock Market Index, there are several other indices that track the U.S. stock market, such as the S&P 500, the Nasdaq Composite, and the Wilshire 5000 Total Market Index.
These indices are widely used to gauge the overall health and performance of the U.S. economy and are frequently referenced in financial news and analysis.
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Which allows college students to work part-time jobs to help pay for education expenses? A. School-to-Work Study Program B. Perkins Work-Study Program C. Federal Work-Study Program D. Stafford Work-Study Program
Answers
Answer:
te answer is C
Explanation:
Federal Work-Study Program allows college students to work part-time jobs to help pay for education expenses. Therefore, option C is correct.
What is Federal Work-Study Program?The Federal Work-Study Program is a federally-funded program in the United States that provides part-time employment opportunities for undergraduate and graduate students who have financial need. The program is designed to help students earn money to pay for educational expenses, such as tuition, fees, books, and other living expenses.
The program is administered by the U.S. Department of Education and provides funding to participating institutions to pay a portion of the wages for eligible students who work on or off campus. The program encourages community service work and work related to the student's course of study whenever possible.
To participate in the Federal Work-Study Program, students must complete the Free Application for Federal Student Aid (FAFSA) and meet certain eligibility criteria.
The program is available to both full-time and part-time students, and the amount of money a student can earn through the program is determined by financial need, the amount of funding the school receives for the program, and the student's availability to work.
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