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Module 1 Quiz_167765...
Your Answer: Deductive arguments are arguments in which the conclusion follows logically and necessarily from the premises. In other words, if the premises of a deductive argument are true, then the c...

Module 1 Quiz
Module 1 Quiz

Your Answer: Deductive arguments are arguments in

Discussion Board 4_1...
Many of the situations in the business world that lead to conflict is solely due to misunderstanding and or cultural difference. The bigger the company, the bigger the misunderstanding. When you have...

Discussion Board 4
Discussion Board 4

Many of the situations in the business world that

Week 18 Discussion_1...
Some of the techniques that I used to maintain a professional presence are: first, I make sure to be on time for a meeting or an interview; the second, I make sure to be prepared. This two could chang...

Week 18 Discussion
Week 18 Discussion

Some of the techniques that I used to maintain a p

Ch 42 Corporate Governance 2 assignment

Ch 42 Corporate Governance 2 assignment

Q 1) In 2002 Wall Street was embroiled in a bear market as crorate greed and excess was blamed for creating a huge stock market bubble that had burst in 2000. Congress responded by enacting The Sarbanes-Oxley Act of 2002. a) How did Sections 302 and 404 address the public's concerns that corporate management be more accountable? b) How about Section 906? 2) In 2010 the economy was mired in a deep economic recession as unemployment was high and capital for new business start ups was scarce. Many blamed government over regulation for the stifling of the economy and demanded government to stimulate economic growth. How did Congressional amendments to Sarbannes Oxley in 2010 help loosen regulations on smaller publicly held companies?

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The corporate responsibility related to different elements of financial reporting had been increased after the enactment of the Section 302 (Clarkson, Miller & Cross, 2016). Therefore, financial reports have to be revised and audited more seriously. Material untrue statements are prohibited to be included in every financial report. Material omission are also prohibited to be included. There must not be misleading financial reports prepared. There must be fair presentation of a company’s financial condition. There must be an enlistment of each and every deficiency which is present in the internal controls.