This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: SarbanesOxley's purpose is to maintain public confidence and trust in the financial reporting of ... (Read 42 times)

casperchen82

  • Hero Member
  • *****
  • Posts: 540
on: Jul 5, 2018
SarbanesOxley's purpose is to maintain public confidence and trust in the financial reporting of companies.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

Match the descriptions below to the correct credit or shipping terms. Some terms may be used more than once. Others may not be used at all.
 
  a. 2/10, n/30
  b. 1/15, n/45
  c. n/30
  d. 3/10, n/60
  e. FOB destination
  f. FOB shipping point
 
  ______ 1. would result in a 200 discount for early payment of a 10,000 purchase
  ______ 2. shipping terms that would typically mean that the buyer has to pay the freight charges
  ______ 3. credit terms that allow the buyer a maximum of two months to pay the debt
  ______ 4. credit terms that do not allow a discount for early payment
  ______ 5. would result in a 150 discount for early payment of a 5,000 purchase
  ______ 6. credit terms that would set May 2 as the latest payment date to take a discount on an April 17 purchase


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lkanara2

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

a, f, d, c, d, b


casperchen82

  • Hero Member
  • *****
  • Posts: 540
Reply #2 on: Jul 5, 2018
Correct answers!


lkanara2

  • Sr. Member
  • ****
  • Posts: 329
Reply #3 on: Jul 5, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Defying thousands of years of conventional wisdom, scientists are reporting that it is possible for Defying thousands of years of conventional wisdom, scientists are reporting that it is possible for
Ethnic Differences in Financial Support for College Based on a sample of 304 emerging adults aged 2 Ethnic Differences in Financial Support for College Based on a sample of 304 emerging adults aged 2
Patients with celiac disease must maintain a gluten-free diet. Many gluten-free items are widely ... Patients with celiac disease must maintain a gluten-free diet. Many gluten-free items are widely ...
Get feedback every 5 to 7 minutes about heat intensity. Add or subtract heat barriers to maintain ... Get feedback every 5 to 7 minutes about heat intensity. Add or subtract heat barriers to maintain ...
Relationship between Trust and Investment Relationship between Trust and Investment
Prime Numbers & Public Key Cryptography Prime Numbers & Public Key Cryptography
Video: Role of the respiratory system - effect of altered ventilation rates

For a complete list of videos, visit our video library