Accounting > A-Level Question Paper > Accounting_100_Unit_1_Challenges_1_2.docx (All)
Accounting_100_Unit_1_Challenges_1_2.docx
Document Content and Description Below
1 — Origins and Ethics Which of the following statements is true regarding the purpose of the Sarbanes Oxley-Act? The Sarbanes-Oxley Act regulates financial reporting to prevent fraud or misconduc ... t. Which of the following was created by the government in response to unethical behavior by companies such as Enron and WorldCom? The Sarbanes-Oxley Act Which of the following statements is true regarding the regulation of ethics in accounting? Unethical behavior by major companies prompted the government to create the Sarbanes-Oxley Act. 2 — Governance The governing body __________ is responsible for developing the US governing principles known as __________. FASB; GAAP 3 — Accounting in Practice Frank and Laura dedicated $250,000 to one of their clients, hoping to receive returns in addition to that $250,000. Frank and Laura's role is that of a(n) __________. investor Janice works part-time and her sole responsibility is to document all of the accounting events that take place. Janice's role is that of a(n) __________. [Show More]
Last updated: 2 years ago
Preview 1 out of 9 pages
Buy this document to get the full access instantly
Instant Download Access after purchase
Buy NowInstant download
We Accept:
Reviews( 0 )
$18.50
Can't find what you want? Try our AI powered Search
Document information
Connected school, study & course
About the document
Uploaded On
Nov 23, 2023
Number of pages
9
Written in
All
Additional information
This document has been written for:
Uploaded
Nov 23, 2023
Downloads
0
Views
57
