The _____ of 2002 Introduced Greater Accountability for Chief Executive

question 39

Multiple Choice

The _____ of 2002 introduced greater accountability for chief executive officers and boards of directors in signing off on the financial performance records of the organizations they represent.

• A)Comstock Act
• B)Federal Corrupt Practices Act
• C)Sarbanes-Oxley Act
• D)National Banking Act

Recognize the significance of top predators and keystone species in maintaining the stability and diversity of ecosystems.

Identify the consequences of overharvesting on marine and terrestrial populations and ecosystems.

Grasp the effects of climate change on species migration, reproduction, and survival.

Appreciate the importance and challenges of ecological restoration and protected areas in conserving biodiversity.

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Definitions:

Corporation

A legal entity that is separate from its owners, offering limited liability protection to its shareholders, and having the ability to raise funds by selling stock.

Balance Sheet Accounts

Accounts found on the balance sheet that include assets, liabilities, and equity, detailing the financial position of a company at a specific point in time.

Permanent Accounts

Accounts that are not closed at the end of the accounting period, such as assets, liabilities, and equity accounts.

Expense Account

An account that tracks the costs incurred by a business during its operations.