Patents are a technique to stop market failure and enable higher research expenditure. Drugs covered by patents, however, are exempt from price controls and rivals for around 20 years.
However, patents must finance the research necessary to continuously develop new and better treatments, and regrettably, the necessary sum of money is not modest. A new prescription drug's development and licencing are anticipated to cost roughly $2.6 billion and take ten years, according to a 2014 estimate by the Tufts Center for the Study of Drug Development. Without patents, some pharmaceutical corporations wouldn't invest in their own research but instead would wait for someone else to find the drug and licence it. These businesses might then set the drug's pricing lower than that of their rivals. In terms of a positive externality, this would cause a market failure because other businesses would gain access to one group's research without having to pay for it.
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which organization promotes public safety through its scientific investigation of various materials to determine how hazardous the materials are?
Underwriters laboratories Inc. are the organization that promotes public safety through its scientific investigation of various materials to determine how hazardous the materials are.
Why does research matter in science?The goals of scientific research include knowledge generation and the development of hypotheses. Science research is done in a variety of settings and by a variety of persons. The gathering of a variety of sorts of evidence is a prerequisite for the many methods through which scientific studies are carried out.
How is scientific research conducted?There are various methods for gathering facts or data. Observing the natural world, doing an experiment in a lab, or using a model are several ways that scientists can collect their data. When choosing a strategy, scientists frequently combine several different ones. After that, they design a process and compile their information.
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you invest $4500 in an account at interest rate r, compounded continuously. find the time required for the amount to double and triple. (round your answers to two decimal places.) r
1. For the sum to double: 9.37 years
2. For the sum to significantly triple: 14.85 years
Clarification:
The condition for continuously accumulated interest is:
Where:
P is the sum that you contribute today: $4,500
F is the worth after t years: the twofold or triple of $4,500
r is the yearly loan cost: 0.074
1. For the amount to double:
Substitute the qualities and settle for t:
= 2*$4,500 = $4,500* = e^(0.074 * t)
= 0.074t = In2
= t = In 2/0.074 = 9.37 years.
2. For the sum to triple:
=3*$4,500 = $4,500* = e^(0.074 * t)
= 0.074t = In3
= t = In 3/0.074 = 14.85 years.
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This is not complete , here I am attaching the complete question:
you invest $4500 in an account at interest rate r, compounded continuously. find the time required for the amount to double and triple. (round your answers to two decimal places.) r = 0.074.
joe and his wife are both retired and they live on social security. when asked about their greatest economic worry both replied inflation. why?
Retired people are most worried about inflation because it reducing their purchasing power. The retired people live on social security that remains fixed, an increase in the price for goods and services erodes the purchasing power of the people and causes a fall in their living standards.
Even while people of all ages struggle as a result of inflation, those over 65 frequently have it worse because they typically live on a fixed income and are unable to improve their compensation through overtime or bonuses. Retirement age groups endure higher rates of inflation than other consumers, and even a modest rate of inflation can considerably reduce purchasing power over time. Inflation-sensitive goods and services, such as housing, food, and healthcare, are more frequently purchased by retirees. When inflation occurs, retired people can afford lower quantity of these goods and services.
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a company's net sales were $709,600, its cost of goods sold was $241,970 and its net income was $51,800. its gross margin ratio equals:
a company's net sales were $709,600, its cost of goods sold was $241,970 and its net income was $51,800. its gross margin ratio equals: 65.9%
The cost of goods sold, often known as the cost of goods sold, is the difference between the gross revenues from sales of a good or service and the cost of producing or delivering that good (COGS). Any expense directly connected to producing a good or providing a service is included in the cost of goods sold. It excludes indirect expenditures like those associated with administration, overhead, and sales. A business might assess its own efficiency—or lack thereof—by contrasting gross sales revenue with direct expenses.
The gross profit margin ratio or gross profit ratio is another name for the gross margin ratio. Along with net profit margin and operating profit margin, it is one of the key profitability measures used in corporate accounting.
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true or false: one important difference between the bidding for a search ad and the bidding for a display ad is that display advertisers do not have multiple bidding formats from which to choose.
False: Display advertisers do not have a variety of bidding formats to select from, which is a significant distinction between bidding for a search ad and bidding for a display.
What are advertisers?Conducting market research, working with the sales and design teams to develop targeted ad campaigns, reviewing multimedia ads to ensure a consistent brand voice, and keeping track of ad campaign performance to gauge return on investment and to guide future marketing are all responsibilities of an advertiser.
A person or business that pays to have a service, occasion, or position advertised online, in a newspaper, on television, or on a poster is known as an advertiser. 2. a nameable noun. Some regional newspapers have the word advertiser in their names.
Therefore. The option is incorrect,
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what happens to consumer and producer surplus when the sale of a good is taxed? how does the change in consumer and producer surplus compare to the tax revenue? explain.
Consumer and producer surplus is gotten when either a maker or shopper nets an advantage from taking part in an exchange at a cost better compared to what they initially cared about.
The sales tax decreases both customer and maker surplus. An tax that is forced on a decent implies that the duty is truly forced on the merchant, the dealer just forces the assessment onto the buyer as a greater cost to make up for the new duty income the vender should now pay to the public authority. In this way, the tax on the two finishes diminishes when an expense is introduced.
The fall in purchaser and maker surplus because of the imposition of the tax is typically higher than the tax revenue. Charges are known to make an extra weight misfortune since they make buyers purchase less and producers to create less. This change causes a fall in the size of the market and thus all out surplus.
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a company reported total equity of $163,000 at the beginning of the year. the company reported $228,000 in revenues and $174,000 in expenses for the year. liabilities at the end of the year totaled $101,000. what are the total assets of the company at the end of the year?
The total assets of the company at the end of the year is $318000.
Total assets is the total book worth of all the assets that a person, business, or organisation has. It is a variable that is frequently used in debt covenants based on net worth. After depreciation associated with the assets is taken into account, the value of a company's total assets is determined.
A financial report called the balance sheet contains the entire assets. Total liabilities, total stockholders' equity, and total assets are all equal in basic accounting.
The formula to calculate total assets is
Total assets= Equity+(Revenue-Expenses)+Liabilities
Total assets= $163,000+($228,000-$174,000)+$101,000
Total assets=$318000
Therefore, the value of total assets is $318000.
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suppose the economy is in long-run equilibrium. in a short span of time, there is a large influx of skilled immigrants, a major new discovery of oil, and a major new technological advance in electricity production. in the short run, we would expect
Suppose the economy is in long-run equilibrium. In a short span of time, there is a large influx of skilled immigrants, a major new discovery of oil, and a major new technological advance in electricity production. In the short run, we would expect the price level to fall and real GDP to rise.
Long-run equilibrium is determined by what?An economy is in a recession if the present real GDP is lower than the output at full employment. A boom in the economy can be seen if the real GDP at the moment is higher than the output at full employment. We argue that the economy is in long-run equilibrium if present output is equivalent to full employment output.
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when labor is hired in a competitive market, the value of the marginal product of labor is computed by:
When hiring workers in a market that is dynamic, the products subject of labor is valued by increasing the production price by the wage.
Which production do you refer to?
Producing something is the act of creating something out of component or raw resources. To put it another way, power generation employs inputs to produce an output that is appropriate for consumption—a good or product that has value for a customer or end-user.
What does production serve to produce?
"The purpose of produce is to satisfy the requirement for such converted resources," according to the definition of production as "the organization in general of expand into new towards finished goods in the form of both goods and services."
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what amount should be the total value of investments reported in the year-end statement of financial position?
$24,850 should be the total value of investments reported in the year-end statement of financial position.
Bitcoin, the biggest cryptocurrency with the aid of using marketplace cap, is a unstable funding with excessive volatility. It needs to handiest be taken into consideration when you have a excessive threat tolerance, are in a sturdy monetary role and may have the funds for to lose any cash you put money into it.
Mutual budget making an investment includes pooling budget from one-of-a-kind traders and making an investment them in numerous belongings inclusive of shares and bonds. This is certainly considered one among the right investments for novices due to the fact, not like in inventory making an investment, a expert fund supervisor makes funding selections for the traders.
Among the various matters to put money into, shares are my private favored and with the aid of using a long way the maximum rewarding. The maximum a hit traders put money into shares due to the fact you may make higher returns than with another funding type.
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the replacement of workers in assembly line production with robotic technology would be considered which type of unemployment?
The replacement of workers in assembly line production with robotic technology would be considered Structural Unemployment.
What is Structural Unemployment ?
Unemployment that is classified as structural occurs when there is a gap between the abilities that the unemployed population possesses and the jobs that are available in the market. Long-term structural unemployment is brought on by significant changes in the economy.
An economy can be profoundly impacted by technological advancements. Many people may lose their jobs as a result of the introduction of new technologies that make some of the present jobs obsolete.
New technology can also significantly boost productivity, enabling businesses to cut their workforce without suffering an adverse impact on their overall output. Such an event would result in structural unemployment and the loss of numerous jobs.
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in order to assess the performance of their firms and their supply chains, what do managers need to do to determine the needs of those customers?
a. Look at each segment of the markets they serve
b. Help identify new customer requirements
c. Rely on traditional performance measures
d. Collaborate in pricing of products
The correct option to the given question about assess the performance of their supply chains is option a) . Take a look at each market category they serve.
A corporation can generally use one of six major models to direct its supply chain management procedures.
The continuous flow model, one of the more established supply chain strategies, works best for developed sectors. The continuous flow model assumes that a producer will consistently produce the same good and that customer demand will be relatively stable. Agile Strategy: This model works best for businesses that provide products that customers order or have unexpected demand. This model places a premium on adaptability because a business must be ready to change course at any time in the event of a specific requirement.
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risk that is common to all assets of a certain type is referred to as question content area bottom part 1 a. unsystematic risk b. idiosyncratic risk
Question content region bottom part: Systematic risk is risk that is common to all assets of a specific sort.
What do you mean assets?A resource having economic worth that a person, business, or nation holds or administers with the hope that it will a day be valuable is known as an asset. The balance sheet of a business contains a list of assets. They are divided into four categories: tangible, present, fixed, and financial. If you can sell your possessions for money, they are your assets. In accounting, every resource that a corporation controls or owns is referred to as an asset. Everything that can be sold for money is acceptable. The assets and liabilities listed on a balance sheet can be used to calculate the equity value.
Why are assets important in accounting?In other words, the ability to create income or transform an item into cash makes it value. They could be tangible items like machinery or intangible items like intellectual property. One of a company's most important financial statements, the balance sheet, lists assets. Assets generate value and increase equity while liabilities lower both in your company. The better your company's financial condition, the more assets you have in comparison to liabilities.
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The complete question is:Risk that is common to all assets of a certain type is referred to as
A.unsystematic risk. B.structural risk. C. idiosyncratic risk. D. systematic risk.
levitz furniture locates in huge, low-cost buildings; maintains large, on-premises inventories; and offers minimum service. levitz is a a. warehouse club. b. catalog showroom. c. superstore. d. warehouse showroom. e. department store.
B. State and local groundwater laws Identify Overdraft Prevention Options To provide affordable housing, cities and counties in List the recreational activities available.
What kind of retailer typically accepts smaller margins than traditional retailers?A discount retailer is:
The products are frequently offered for less money. From the wholesalers, they make regular purchases. They nevertheless sell in large volumes and operate on lesser margins.
Why is a hypermarket advantageous?You are probably well aware of the two main advantages that a hypermarket offers customers: one-stop shopping and affordable prices, if one exists nearby. One of the most obvious benefits of a hypermarket is that it enables customers to locate and buy a variety of consumer goods in one place.
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some analysts claim that between 50 and 80 percent of all jobs are filled in the hidden job market. how can a job seeker best access the hidden job market?
A job seeker best access the hidden job market by networking and utilizing referrals
The hidden job market refers to job openings that are not publicly advertised or listed on job boards but rather filled through networking, referrals, and other informal channels. Accessing the hidden job market can be a useful strategy for job seekers, as these types of job openings may not be as competitive and may offer more opportunities for advancement.
Building a strong network of contacts in the industry can be an effective way to learn about job openings that are not publicly advertised. Attending industry events, joining professional organizations, and reaching out to people to learn about potential job opportunities are helpful. Asking friends, family, and other contacts if they know of any job openings can be a good way to access the hidden job market. If one has a strong relationship with a company employee they may be able to refer for a job opening that has not been publicly advertised.
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which is a time series variable? titles of the top 10 movies in total revenue last week b. visa balances of 30 students on december 31 of this year c. net earnings reported by xena corporation for the last 10 quarters d. dollar exchange rates yesterday against 10 other world currencies
Based on Xena Corp.'s net income over the last ten quarters.
So the correct answer is option b
A set of data called a time series contains observations of a single variable through time. As a consequence, choose "B. Net earnings produced by Xena Corp during the preceding 10 quarters." It captures the variance in "net earnings" over "ten quarters," making it the most accurate choice.
A time series is a collection of data that tracks a sample across time. In example, a time series makes it possible to identify the factors that influence certain variables across time. Time series analysis is useful for examining how a certain asset, security, or economic indicator changes over time. Any data sequence that was recorded at specific time intervals can be used as an example of a time series (whether regular or irregular). Only two examples of popular data are heart rate and the unit price of store goods.
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jane ramirez owns shares in the touchstone small cap fund that have a current value of $18,500. the fund charges an annual 12b-1 fee of 0.25 percent. what is the amount of the 12b-1 fee ms. ramirez must pay?
The amount of the 12b-1 fee Ms. ramirez must pay 12b-1 fee = Investment value × 12b-1 fee percentage, $18,300 × 0.0020 = $36.60.
An investment is a financial commitment to acquire an asset with the expectation that the value of the asset will increase over time. To make an investment, you have to lose your current resources such as time, money and effort. In the financial world, investments are made in order to make a profit on the assets used.
Realized capital gains or losses on the sale of real estate or investments, unrealized capital gains, capital gains such as dividends, interest or rental income, or a mixture of capital gains and income can all be included in returns. Returns may also include foreign exchange gains and losses due to exchange rate fluctuations.
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All of the following qualitative considerations may impact upon capital investment analysis except
A. manufacturing flexibility
B. the impact on product quality
C. employee morale
D. time value of money
All of the following qualitative considerations may impact upon capital investment analysis except: D. time value of money.
What is time value of money?The time value of money stated that the money that a person has at hand now will tend to be more valuable now than in the future.
This concept is trying to states that the if the money a person has now is not spent, the same money will not have the value it has now because it might depreciate.
The following are qualitative considerations that impact upon capital investment analysis:
Manufacturing flexibilityThe impact on product qualityEmployee moraleTherefore the correct option is D.
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the stock in bowie enterprises has a beta of .90. the expected return on the market is 12.00 percent and the risk-free rate is 2.95 percent. what is the required return on the company's stock?
The required return on the company's stock is 11.095%.
The Required Rate of Return (RRR) is the minimum amount of income (return) an investor will seek or receive for the risk of investing in a stock or other type of investment. security.
RRR is also used to calculate how much the profitability of the project will affect the cost of financing the project. RRR indicates the level of risk involved in committing to an investment or project. The higher the return, the higher the risk.
The RRR can be calculated by the following formula:
E(R)=RFR+[tex]\beta_{stock}[/tex] ×([tex]R_{market}[/tex] −RFR)
where:
E(R)=Required rate of return, or expected return
RFR=Risk-free rate
[tex]\beta_{stock}[/tex] =Beta coefficient for the stock
[tex]R_{market}[/tex] =Return expected from the market
([tex]R_{market}[/tex] −RFR)=Market risk premium, or return above the risk-free rate to accommodate additional unsystematic risk
Now, by putting given values in above stated formula, we get:
=2.95+0.9*(12-2.95)
which is equal to
=11.095%
Therefore, the required return on the company's stock is 11.095%.
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suppose you got a 5 percent increase in your nominal wage. over the year, the price level increased by 2 percent. which is true?
The year, the price level increased by 2 percent.The nominal wages increase by 2%. This statement is True.It is in contrast to the real price of an asset, which considers deductions and premiums.
The definition of nominal is something that only exists in name or has very little worth. One instance of nominal damages is when a person receives only $1 in compensation from the court because he was wronged but did not actually suffer any harm.
Any financial statistic that is measured in terms of current real costs approaches the statistic's nominal value. The equal figure that has been corrected for inflation is referred to as the actual price. Usually, the actual cost is more significant.The nominal price in economics is the unadjusted cost of an asset without taking into account costs, taxes, inflation, or interest rates.
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hannah johnson contributed equipment, inventory, and $53,000 cash to a partnership. the equipment had a book value of $25,000 and a market value of $28,000. the inventory had a book value of $50,000 but only had a market value of $15,000 due to obsolescence. the partnership also assumed a $12,000 note payable owed by hannah that was originally used to purchase the equipment. what amount should be recorded to hannah's capital account? a.$96,000 b.$108,000 c.$84,000 d.$116,000
Option (c), It is necessary to enter $84,000 into Hannah's capital account.
How does this affect a partner's capital account?For example, the following impacts may be felt on the partner's capital account and outside basis: Contributions to the partnership - Increases the capital account and outside basis. Distributions: Reduces the capital account and outside basis. The capital account and the outer basis are altered by the distributive share of profit and loss.
Capital accounts of partners: These capital accounts represent the ownership of the company by the partners. The Partners' Capital Account is a Personal account because it was designed for documenting adjustments related to partners' capital.
Cash $53,000
Add: Market value of equipment $28,000
Add: Market Value of Inventory $15,000
Total $96,000
Less: Value of Note payable $12,000
Amount recorded in Hannah's capital account $84,000
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the organization established by the uruguay round of the gatt, whose purpose is to mediate trade disputes among nations is called:
The organization established by the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) to mediate trade disputes among nations is called the World Trade Organization (WTO).
The WTO is a global body that helps to ensure that trade flows as smoothly, predictably, and freely as possible by overseeing the rules that govern international trade. It provides a forum for member countries to negotiate agreements and settle disputes, and it administers the legal framework for international trade.
Many of the rules and regulations set by the WTO are enforced through the use of trade sanctions. The WTO is also responsible for setting standards and regulations on a wide range of topics, including intellectual property rights, food safety, and environmental protection. The WTO's dispute settlement system is often criticized for being overly slow and ineffective.
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which analytics feature uses machine learning to measure conversions that aren't directly observable?
Modeling analytics feature uses machine learning to measure conversions that aren't directly observable.
Analytical modeling is a mathematical approach to business analysis that uses complex calculations, often involving large numbers of variables and factors. This type of analysis can be a powerful tool when used with proper technique and care in finding solutions to specific problems.
Data modeling is a set of tools and techniques used to understand and analyze how an organization collects, updates, and stores data. This is a key skill for business analysts who discover, analyze, and specify changes in how software systems create and manage information.
Data modeling is the process of representing data flows graphically. When creating a new or alternative database structure, the designer starts with a diagram showing how data flows in and out of the database.
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if the supply of product x is perfectly elastic, an increase in the demand for it will increase:
In case of perfectly elastic supply, an increase in the demand for the good results in an increase in the supply of the good as well.
Perfectly elastic supply means that supply can increase perfectly in response to change in demand and prices. This happens when the inputs required for the production of the good are readably available. The supply curve in this case is a horizontal line which demonstrates large changes in supply due to slight changes in the price of the good. When the demand for such goods increases, then the supply for the good also increases.
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which term refers to a scheduling technique in which the advertiser floods the airwaves for one day on both cable and network channels to make it virtually impossible to miss the ads?
Blinking refers to a scheduling technique in which the advertiser floods the airwaves for one day on both cable and network channels to make it virtually impossible to miss the ads.
A product, brand, or service is advertised to a viewership through the use of an advertising, which is defined as a form of communication used to increase interest, engagement, and sales. A key component of the app store, advertisements (commonly abbreviated as ads or adverts) occur in a variety of formats, from interactive video to copy.
A certain way to reach an audience is through advertisements. Advertisements may have a direct influence on company if they are well-crafted and cost-effectively reach your target audience. Among many other indicators, this influence might be evident in increased commerce or increased brand recognition. A KPI is frequently used in an advertising plan to assess this influence.
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firm a's demand for a product is 100,000 units. it has a holding cost of $10 per unit per year and an ordering cost of $50 per order. what order quantity should it use to minimize ordering and holding costs?
The firm should use 1000 order quantity to minimize ordering and holding costs.
The expenses incurred by keeping unsold items in storage are known as holding charges. Together with ordering and shortage fees, these costs make up a portion of the overall cost of the inventory. The cost of damaged or spoilt goods, as well as that of storage space, labor, and insurance, are all included in a company's holding expenses.
TC is the total cost and is calculated as follows: TC = PC + OC + HC, where PC stands for purchase cost, OC for ordering cost, and HC for holding cost.
The three basic types of inventory-related expenses are ordering, holding, and shortage costs.
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when analyzing a production possibilities curve a point denoting a combination outside the curve is said to be, all else constant: a. efficient. b. optimal. 4 c. infeasible. d. equitable.
When analyzing a production possibilities curve a point denoting a combination outside the curve is said to be, all else constant infeasible.
The process of mixing several inputs, both material and immaterial, to produce output is known as production. In a perfect world, this output would be a product or service that is useful to others and has value.
Production theory is the branch of economics that concentrates on production; it is closely tied to the consumption theory of the economy. Utilizing the initial inputs productively results in the manufacturing process and output directly. Land, labour, and capital are regarded as the three major production components and are referred to as primary producer commodities or services.
Hence the correct option is C.
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To enter this field, a worker would be required to have earned a degree from a four-year college at least. received on-the-job training for several weeks only. received on-the-job training for several months only. earned technical training from a vocational school.
To enter this field, a worker would be required to have earned a degree from a four-year college at least. The correct option is A.
What is the value of a college degree?Not only do people with college degrees typically earn more money than those without degrees, but they are also much less likely to be unemployed and are more likely to receive health and retirement benefits as part of their employment. Furthermore, earning a degree has benefits that go beyond the financial.
A postsecondary degree, whether it be a bachelor's or master's, gives you the chance to pursue higher-paying careers that call for advanced skills. According to research, people with a college degree typically make more money overall than people with only a high school diploma.
Thus, the ideal selection is option A.
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Answer:
a
Explanation:
edge 2023
the sarbanes-oxley act redefines the public corporation-auditor relationship and restricts the types of services auditors can provide to clients. group of answer choices true false
The Sarbanes Oxley act re-defines the public corporation-auditor relation-ship and restricts the types of services audi-tors can provide to clients. This given statement is true.
What Is the Sarbanes-Oxley (SOX) Act of 2002?The Sarbanes Oxley Act of 2002 is a la-w the U.S. Con-gress passed on July 30 of that year to help prot-ect investors from fraudulent financial report-ing by corporations. Also kno-wn as the SOX Act of 2002, it man-dated strict reforms to existing securities regula-tions and imposed tough new penalties on law-breakers.
The Sarbanes-Oxley Act of 2002 came in res-ponse to finan-cial scandals in the early 2000s involving public-ly traded comp-anies such as Enron Corpor-ation, Tyco Inter-national plc, and WorldCom.
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as businesses began using business intelligence, managers spent less time finding information and more time using it to make decisions. group of answer choices true false
Managers spend less time looking for information and more time utilizing it for decisions making as organizations adopted business intelligence. This assertion is true.
Since the prior event had a different environment, making decisions based on the experience of the decision made on a comparable occurrence earlier might be incorrect. The environment evolves throughout time, making it impossible for a decision-maker to just rely on prior knowledge.
Making decisions has a significant effect on a company. It can either advance or achieve success. A leader's inaction is the worst thing they can do. Due to the idea of decision fatigue, the time of day has a significant impact on the effectiveness of our decision-making.
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