The section of Sarbanes Oxley that prohibits audit firms from ...

[jrubin]

The section of Sarbanes Oxley that prohibits audit firms from providing a wide array of nonaudit services to audit clients is ___________________ ___________.
 Fill in the blank(s) with correct word

Question 2

Refer to the financial statement above. Assume that this is the company's first year of business. During the year, the company paid 1,000 in dividends to its owner. Net income for the year must have been ________.
 
  A) 500
  B) 2,000
  C) 1,500
  D) 3,000

[mjbamaung]

Answer to Question 1

Auditor Independence, Section 201
Auditor Independence
Section 201

Answer to Question 2

C

[jrubin]

Thanks for the timely response, appreciate it

[lcapri7]

YES! Correct, THANKS for helping me on my review