Which of the Following Is Required by the Sarbanes-Oxley Act

question 11

Multiple Choice

Which of the following is required by the Sarbanes-Oxley Act?

• A) a price-earnings ratio
• B) a report on internal control
• C) a vertical analysis
• D) a common-sized statement

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Definitions:

MSB and MSC

Marginal Social Benefit (MSB) and Marginal Social Cost (MSC) refer to the additional benefit or cost to society of producing one more unit of a good or service.

Pollution

The introduction of contaminants into the natural environment, causing adverse changes and harm to ecosystems and human health.

Market Economy

A market mechanism where investment, production, and distribution decisions are informed by supply and demand forces, with the prices of goods and services set within an open pricing system.

Without Government

A scenario that describes a situation or theoretical condition where governmental institutions and interventions do not exist or are absent.