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Author Question: Which of the following statements about the Sarbanes-Oxley Act is incorrect? A) The act was passed ... (Read 36 times)

bcretired

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on: Jul 14, 2018
Which of the following statements about the Sarbanes-Oxley Act is incorrect?
 A) The act was passed in 1996.
  B) Because the act is complex, compliance is more expensive and time consuming for corporate management.
  C) Because of the act, the SEC was required to establish a federal oversight board.
  D) Because of the act, a corporation's chief executive and financial officers must certify financial reports.
  E) The act strengthened the penalty for destroying financial documents related to an audit.

Question 2

What does the word equity in equity theory refer to?


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Jordin Calloway

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Reply #1 on: Jul 14, 2018
Answer to Question 1

A

Answer to Question 2

Equity refers to the distribution of rewards in direct proportion to each employee's contribution to the organization.


bcretired

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Reply 2 on: Jul 14, 2018
Thanks for the timely response, appreciate it

Dinolord

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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