Which of the Following Is Sometimes an Effective Weapon for Fighting

question 80

Multiple Choice

Which of the following is sometimes an effective weapon for fighting inflation and recession?

• A)technology
• B)line extensions
• C)increased capital gains taxes
• D)introducing new product lines

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Definitions:

Internal Controls

Procedures and mechanisms implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Fraud

Intentional deception made for personal gain or to damage another individual.

Sarbanes-Oxley

A U.S. federal law enacted to protect investors by improving the accuracy and reliability of corporate disclosures, made in response to financial scandals.

Public Confidence

The level of trust and belief that the general public has in the stability and integrity of a financial market, institution, or economy.