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 85 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 successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

In a public aquarium In a public aquarium
Helping maintain accurate patient records is a critical part of the medical assistant's work. Helping maintain accurate patient records is a critical part of the medical assistant's work.
A funnel is one way to visualize the diagnostic process. The purpose is to narrow the possible ... A funnel is one way to visualize the diagnostic process. The purpose is to narrow the possible ...
The Tōhoku earthquake: shaking Japan’s trust in nuclear power The Tōhoku earthquake: shaking Japan’s trust in nuclear power
The Economics of Money, Banking and Financial Markets, Business School Edition The Economics of Money, Banking and Financial Markets, Business School Edition
The purpose of mitosis is to take diploid cells and make two identical clones. A shows a simplified The purpose of mitosis is to take diploid cells and make two identical clones. A shows a simplified
Video: Four Giant Convection Cells oF Earth

For a complete list of videos, visit our video library