When used to calculate credit VaR, the true statement about Creditmetrics is: Creditmetrics takes defaults but not downgrades into account. So, the correct answer is A.
Creditmetrics is a popular model used to measure credit risk in a portfolio. It calculates the potential loss that could occur in a portfolio due to credit defaults. The model uses historical data on credit ratings and default rates to estimate the likelihood of default for each issuer in the portfolio.
However, Creditmetrics does not take into account downgrades, which can also impact the value of a portfolio. This is because downgrades are less predictable than defaults and can happen more frequently, making them difficult to model accurately.
Overall, Creditmetrics is a useful tool for measuring credit risk, but it is important to keep in mind its limitations and supplement it with other risk management techniques to ensure a comprehensive understanding of portfolio risk. Therefore, the correct answer to the given question is option A.
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Your new health insurance has a $4000 deductible. What does that mean?
if wages rise by 12 percent at the same time prices rise by 3 percent, then the increase in real wages is equal to
If wages rise by 12 percent at the same time prices rise by 3 percent, then the increase in real wages is equal to 9 percent.
Real income, also known as real wage when referring to an individual's income, is the amount of money that an individual or entity makes after taking inflation into account.
The average hourly wage rate expressed in dollars over a specified reference base period is known as the real wage rate. It demonstrates how many goods and services one hour of work can buy. Real wage rate is calculated as (current-year nominal wage rate / current-year CPI) x 100%.
Real wages are decreased by inflation through a decline in the capital stock and a change in relative prices, respectively. The two effects combine to cause a decline in real wages that is greater than the corresponding decline in per-capita GDP. During times of high inflation, this mechanism could contribute to rising poverty.
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Question 3 of 10
A standard is a:
Answer: Level of quality or performance that people accept as normal
Explanation: I took this quiz
Assume that a company’s planning budget is based on 2,000 units and it actually produced and sold 2,500 units. Its planning budget is based on the assumption that 60% of its administrative expenses are fixed and the remainder is variable. If the planning budget includes $12,000 of fixed administrative expenses and the company’s actual total administrative expense for the period is $19,000, then what is the amount of the administrative expense spending variance?
Multiple Choice
$3,000 favorable
$2,000 unfavorable
$5,000 unfavorable
$5,000 favorable
First, we need to determine the expected amount of variable administrative expenses based on the planning budget: the correct answer is $3,000 unfavorable. So the correct option is A.
Fixed administrative expenses = $12,000
Variable administrative expenses = 40% x Total administrative expenses = 40% x ($12,000 + Variable expenses)
Simplifying, we get: Variable administrative expenses = 0.4 x ($12,000 + Variable expenses)
Solving for Variable administrative expenses, we get: Variable administrative expenses = $8,000
Next, we can calculate the flexible budget for administrative expenses based on the actual level of production (2,500 units):
Fixed administrative expenses = $12,000
Variable administrative expenses = ($8,000 / 2,000 units) x 2,500 units = $10,000
Total administrative expenses = $12,000 + $10,000 = $22,000
Finally, we can calculate the administrative expense spending variance as the difference between the actual and flexible budget amounts:
Administrative expense spending variance = Actual administrative expenses - Flexible budget administrative expenses
Administrative expense spending variance = $19,000 - $22,000
Administrative expense spending variance = -$3,000 (unfavorable)
Therefore, the correct answer is $3,000 unfavorable.
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The first step in global channel planning, as is often the case in marketing, is to ________.
A.
get close to customers
B.
develop efficient consumer response (ECR) practices
C.
find a master franchisee
D.
utilize channel power
E.
evaluate underperforming channels
The first step in global channel planning is a critical component of a successful marketing strategy. To effectively reach a global audience, companies must understand their customers' needs, preferences, and behavior. Therefore, the first step is to get close to customers, which involves conducting thorough market research and gaining a deep understanding of the target audience's cultural, social, and economic factors.
By getting close to customers, companies can identify the most effective channels for reaching them and develop tailored marketing messages that resonate with their interests and needs. This step also helps to identify potential obstacles to effective communication, such as language barriers, and develop strategies to overcome them.
Once a company has gained insight into its target audience, it can then proceed to develop efficient consumer response (ECR) practices. ECR practices are designed to streamline the supply chain and improve communication between suppliers and retailers, enabling companies to respond more effectively to changes in demand and minimize costs.
While finding a master franchisee can be a valuable step in global channel planning, it is not the first step. Master franchisees can be a useful resource for companies seeking to expand into new markets, but they are not a substitute for thorough market research and customer analysis.
Utilizing channel power is another important step in global channel planning. Channel power refers to a company's ability to influence the behavior of channel members, such as distributors and retailers, to achieve its marketing objectives. However, this step is not effective if a company has not first gained an understanding of its target audience and developed tailored marketing messages.
Finally, evaluating underperforming channels is an ongoing process that is necessary to ensure that a company's marketing strategy remains effective and relevant. However, this step is not the first step in global channel planning. Before evaluating underperforming channels, a company must first gain a deep understanding of its target audience and develop effective marketing strategies to reach them.
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Compare and contrast the features and benefits of a currently held credit card against a new credit card for which you are considering applying. Determine which of the two cards is better, according to your financial needs and goals, and tell why.
Answer:
ok
Explanation:
Currently held credit card can only do what ever you have left to do on it. for example whatever are the restrictions on your credit card and how much you can use for it and the interest. A new credit card can be better than the last one but can be harder to obtain if you have bad credit or just trying to get a lot of credit cards. which would also give you bad credit. The benefits would be you have the restrictions on the new card but you know you haven't made a single purchase on it yet so how much you can use it is more likely more than the previous card.
Thomas company uses a standard cost system and recognizes the materials purchase price variance at the time materials are purchased. information for raw materials for product rbi for the month of october follows: standard unit price $1.80 actual purchase price per unit $1.65 actual quantity purchased 4,000 units actual quantity used 3,900 units standard quantity allowed for actual production 3,800 units what is the materials purchase price variance?
Answer: $600F
Explanation:
Given the following :
standard unit price - $1.80
actual purchase price per unit - $1.65
actual quantity purchased - 4,000
units actual quantity used - 3,900
units standard quantity allowed for actual production - 3,800 units
Material purchase price variance = ( Actual unit price of material - standard unit price of material) × Actual unit of material purchased
($1.65 - $1.80) × 4000
( $0.15) × 4000
$600F (Favorable) because standard price is higher than actual price
FILL IN THE BLANK. according to the vals segmentation system,___are successful, goal-oriented people who focus on career and family. they favor premium products that demonstrate success to their peers.
The segmentation system developed by VALS defines "achiveres" as successful, goal-oriented individuals who prioritize their family and careers. They choose high-end goods that show achievement to their peers.
Define the term segmentation system by VALS?Innovative thinkers, learners, achievers, believers, strivers, makers, and survivors make up the eight consumer categories that make up the psychographic segment customer system known as VALS, which refers for Values, Attitudes and Lifestyles.
VALS is a marketing method used to forecast customer behavior based on factors such as their philosophical convictions, mechanical propensities, and intellectual curiosities. Target audiences are defined using a number of questions called VALS, which stands for Values and Lifestyles. Using the segmentation technique VALS 2, the marketplace (or potential clients) is divided into 8 segments. Unlike AIO, which focuses on activities, interests, and opinions, VALS2 is more concerned with psychological aspects of a consumer. Customers are targeted in this way depending on their views and values.Thus, the segmentation system developed by VALS defines "achiveres" as successful, goal-oriented individuals who prioritize their family and careers. They choose high-end goods that show achievement to their peers.
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Which of the following would be best suited to using an Internet bank?
a. Nancy Johnson, a young businesswoman who uses bank financing regularly for her business
b. Milan Sosa, an older gentleman who enjoys visiting his local banker
c. Molly Peterson, a woman who uses multiple bank services including a safe-deposit box
d. Fred Longoria, a man who uses checking and savings but never goes to his bank
e. All of the above would be good candidates because the cost of Internet banking is lower than other types of banks.
The best-suited candidate for using an Internet bank would be:
d. Fred Longoria, a man who uses checking and savings but never goes to his bank.
Internet banking allows customers to perform various financial transactions and services through the internet. therefore, he can keep an eye on his accounts just by sitting at any corner of the house.
Internet banking is the modern and convenient alternative to traditional banking methods. You can use it to make deposits, check your balance, and pay bills, among other things. It is suited for individuals who prefer to manage their finances online, eliminating the need to visit a physical bank branch.
Which of the following would be best suited to using an Internet bank The person who would be best suited to using an internet bank is Fred Longoria, a man who uses checking and savings but never goes to his bank. He is an ideal candidate for internet banking because he doesn't have to visit his bank branch since internet banking allows him to access his accounts and carry out transactions from the comfort of his home.
Additionally, internet banking is less costly than traditional banking, making it more affordable to customers. It is suited for individuals who prefer to manage their finances online, eliminating the need to visit a physical bank branch.
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Why is it good to be organized?
Answer:
its good to be organized to feel like you have your life together. it makes it easier to find things and makes you feel less stressed and anxious when the area youre in is organized and clean
Because when you are organized things are easier, you have an organized sleep schedule and your school things and papers are organized so it's easier to know where everything is. Also when you are organized you'll notice some things would run smoother than it would when you aren't organized. But you have to want to be organized.
Staintation has $70 million in assets and $50 million in owners’ equity. How much does the firm have in liabilities?
The firm has $20 million in liabilities. through the accounting concepts i.e., assets = owners equity + liabilities.
The accounting equation is the formula that states that the sum of a company's liabilities and equity equals its total assets (Assets = Liabilities + Equity). The unique relationship between a company's liabilities, assets and equity is the backbone of double-entry bookkeeping.Accounting equations are the basis of double-entry bookkeeping. The balance sheet formula shows that on a company's balance sheet, the company's total assets equal the sum of its liabilities and the company's equity. assets represent valuable resources managed by the company. Liabilities represent its obligations.Liabilities and equity both describe how a company's assets are financed.Debt financing is presented as debt and equity financing is presented as equity. increase.Thus, when assets equal to liabilities and owners' equity then we can easily bring out the liabilities i.e., $20 million.
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a financial services company recently launched an initiative to improve the security of its aws resources and it had enabled aws shield advanced across multiple aws accounts owned by the company. upon analysis, the company has found that the costs incurred are much higher than expected.
Consolidated billing isn't enabled. All AWS accounts should be subject to a single consolidated billing in order for the monthly fee to be charged only once.
What exactly is AWS consolidated billing?
Consolidated billing in AWS Organizations allows you to combine invoicing and reimbursement for multiple AWS accounts or numerous Amazon Internet Services Pvt. Ltd (AISPL) accounts. Each entity in AWS Organizations has a management account that covers all of the member accounts' charges.
The benefit is that you only have to pay one bill for all of your organization's AWS accounts. It facilitates cost tracking. Discounts that are shared across accounts. The maximum number of accounts allowed per organization is four.
Here is the complete question-
A financial services company recently launched an initiative to improve the security of its AWS resources and it had enabled AWS Shield Advanced across multiple AWS accounts owned by the company. Upon analysis, the company has found that the costs incurred are much higher than expected.
Which of the following would you attribute as the underlying reason for the unexpectedly high costs for AWS Shield Advanced service?
A. AWS Shield Advanced is being used for custom servers, that are not part of AWS Cloud, thereby resulting in increased costs
B. Consolidated billing has not been enabled. All the AWS accounts should fall under a single consolidated billing for the monthly fee to be charged only once
C. AWS Shield Advanced also covers AWS Shield Standard plan, thereby resulting in increased costs
D. Savings Plans has not been enabled for the AWS Shield Advanced service across all the AWS accounts
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fill in the blanks to explain what a firm should do once it realizes it is in a situation with a diminishing marginal product.
If the marginal product declines when more input is added, the company is not operating at its maximum capacity. Afterward, the company should stop making new units.
The law of declining marginal product describes a scenario in which the rate at which total output grows when more of the variable element is joined with the fixed factor(s) of production decreases with time.
According to the rule of decreasing marginal returns, marginal productivity will normally decrease as production rises when a production element is improved. This indicates that for every extra unit of production generated, the cost advantage often decreases.
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Taylor must send a bad-news message to a client and indicate to her that he will be unable to meet a delivery deadline. What should Taylor do first
Answer: d) Analyze the bad news to see how it will affect his reader.
Explanation:
The first thing that Taylor should do is to analyze the bad news so that he can predict the likely effect on the client.
Once he predicts this, he can be able to deliver the bad news in such a way that the client would not be too annoyed by it. It would also allow him to offer alternatives that might be applicable and doable to the client.
What is the difference between exempt and nonexempt jobs?
PLEASE HELP! I WILL GIVE BRAINLIEST! I don't need you to answer the whole thing, I just need more of an explanation on what I'm supposed to do! Thank you.
Imagine you are taking an international trip. Where would you go? What are the requirements to enter the country (visa, vaccinations, etc.)? What travel documents do you already possess, and which would you need to obtain? What else might you need to do to plan your trip?
Some good holiday destinations to go to are:
DubaiRomaniaSwedenUruguay.Some of the requirements for travel include:
A negative C*VID test.International passport.A valid reason for the visit.The travel document you would need is your International Passport and your flight ticket (if you are going by plane.
What is International Travel?This refers to the movement between one geographical location to another.
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Ms. Marsh filed her 20X0 individual income tax return on February 15, 20X1. All her tax was paid during the year through withholding. The return was due on April 15, 20X1. During January 20X2, she discovered that she had not taken a properly substantiated charitable contribution that would have reduced her total tax by $250 on her 20X0 tax return. By what date must she file her amended return to claim a refund of the tax paid?
Answer:
April 15, 20x4
Explanation:
Ms. Marshall can file for a refund until the later of the following 3 dates:
3 years from her original tax filing (February 15, 20x4)3 years from the due date of her original tax filing (April 15, 20x4)2 years since paying her taxes (December 31, 20x2)In this case, the later date would be April 15, 20x4
Describe the communication style in china; how is it different from china of residence?
The Chinese place a lot of emphasis on indirect communication as a result of the requirement to keep good ties. In order to convey meaning, they use less words and pay more attention to posture, expression, and tone of voice.
They frequently speak informally and may understate their points. Be nice and polite, and steer clear of anything that makes you communication uncomfortable, or you might find that you have the freedom to discuss topics that are taboo at home. Find topics that everyone can agree on, such as sports, cuisine, and family. While Americans value the individual, Chinese civilization is centered around the group.
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Gleason Company reported net income of $242,000 for the year. During the year, accounts receivable increased by $32,000, accounts payable decreased by $10,000 and depreciation expense of $65,000 was recorded. Net cash provided by operating activities for the year is $265,000. $102,000. $242,000. $337,000.
Net cash provided by operating activities for the year is $265,000. $102,000. $242,000. $337,000 is :- $265,000
What is depreciation expense?
A fixed asset's share that has been deemed consumed in the current period is subject to depreciation expense. The cost is subsequently added to the expense list. With this charge, the carrying amount of fixed assets will be steadily decreased as their value is depleted over time. There is no cash outflow related to this item because it is non-monetary.
When an entry is made to the depreciation expenditure account, the contra asset account that offsets the fixed assets (asset) account is the accumulated depreciation account. Over the course of a fiscal year, the balance in the depreciation expenditure account grows; at year's end, the account is flushed out and its balance is reset to zero.
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Net cash provided by operating activities for the year is $265,000. $102,000. $242,000. $337,000 is :- $265,000
What is depreciation expense?
A fixed asset's share that has been deemed consumed in the current period is subject to depreciation expense. The cost is subsequently added to the expense list. With this charge, the carrying amount of fixed assets will be steadily decreased as their value is depleted over time. There is no cash outflow related to this item because it is non-monetary.
When an entry is made to the depreciation expenditure account, the contra asset account that offsets the fixed assets (asset) account is the accumulated depreciation account. Over the course of a fiscal year, the balance in the depreciation expenditure account grows; at year's end, the account is flushed out and its balance is reset to zero.
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What is the standard portion cost for a 1-ounce portion of sundried tomatoes purchased by the pound for $7. 69 per pound?.
Answer:
0.48 $
Explanation:
there are 16 ounces in 1 pound, so 7.69/ 16= .48
An accounting firm ensures that the candidate pool for its new graduate program is diverse by recruiting at both public and private colleges and universities throughout 10 states, and posting information on multiple social media sites. This describes which type of affirmative action program?
targeted recruitment
The affirmative action program type described here is one that focuses on targeted recruitment.
What does targeted hiring entail?A predefined method for attracting individuals with certain experience, abilities, or attributes is known as a focused recruitment strategy. A successful focused recruitment plan employs data to monitor ROIs and is highly explicit in its objective and goals. Direct recruiting on college campuses and in career-related programs is one kind of targeted recruitment. Achieving internship as well as cooperative education arrangements with nearby colleges and high schools can assist in directing talented and motivated people toward entry-level roles inside your company.
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except media what else can provide job information
Answer:
see below
Explanation:
Other sources of job information are
1. Trade or professional associations
They are organizations formed by professionals in the same career path. Members frequently meet to share information regarding developments in their profession.
2. Family and friends working in different organizations
Close friends and relatives are an important source of information for vacancies existing in different workplaces.
3. Educational institutions
In some cases, employers share information on their available job opportunities with schools and colleges.
4. Career or employment agencies
Employment agencies have updated information on various labor requirements for different employers
John from sales has just sent you an e-mail. He needs a decision made on the Johnson account as soon as possible. You can make the decision, but you feel like you’d like to ask your boss for her advice. Unfortunately, she is in a business meeting, and the decision needs to be made very soon. You decide to take the initiative and ______.
a.
Interrupt your boss to make the decision
b.
Ask a coworker to make the decision
c.
Wait to make the decision
d.
Make the decision
Answer:
D. Make the decision
Explanation:
The decision needs to be made as soon as possible. Answers B and C both require extra time, which is not an option here. That leaves A and D as possibilities. Answer A makes the least sense of the 4 options (as it would be extremely unprofessional to interrupt a meeting), leaving D as the only reasonable choice.
Which of the following is something a "smart pick list" does NOT help pickers do?pick materials based on order of deliverypick materials based on due datephysically lift heavy itemspick materials using a pre-programmed, efficient route
Answer:
physically lift heavy items
Explanation:
pick materials based on order of delivery (that makes sense so you know when everything comes in)
pick materials based on due date (that makes sense so you how to plan and order everything to line up right)
pick materials using a pre-programmed, efficient route (that makes sense so you have a guide! You won't have to stress this way and it's seems simple.)
physically lift heavy items (that doesn't makes sense if they're heavy you'll be wasting your time fighting up with it. Have people help do that.)
What is the potential award amount for the Pell Grant and does Imani have to pay this back?
Answer with Explanation:
The Potential amount for the Pell Grant largely depends on you family income and asset worth. The maximum Pell Grant award for the year 2019-20 is $6,195 and maximum award per term is $3,097.
We don't have to pay back the Pell Grant but under certain circumstances which are listed as under:
Early withdrawing from the program that let you qualify for the grant.Enrollment status changed during the execution of program.Received Other ScholarshipsYou qualified for Teach Grant but later you didn't met the requirements for the grant.The central product of the new breed of lobbyist is
A. influence.
B. access.
C. advice.
D. information.
The central product of the new breed of lobbyist is access, option B.
By providing clients with access to key individuals in government, lobbyists facilitate direct communication and interaction between their clients and policymakers. This access allows clients to present their interests, concerns, and perspectives directly to those who have the authority to shape policies and make decisions. Lobbyists leverage their connections, networks, and knowledge of the political landscape to arrange meetings, facilitate discussions, and ensure that their clients' voices are heard by relevant stakeholders.
Access is a valuable resource in the lobbying profession, as it provides a platform for clients to present their case, provide input, and influence the policy-making process. Lobbyists may use their relationships and networks to open doors and create opportunities for their clients to engage with decision-makers, thereby increasing the chances of influencing policy outcomes in favor of their client's interests.
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Paul has an eight-year loan with a principal of $26,900. The loan has an interest rate of 8. 18%, compounded quarterly. If Paul pays $1,527 in service charges and makes quarterly payments on his loan, what will his total finance charge be when the loan is repaid? Round all dollar values to the nearest cent. A. $10,588. 28 b. $11,546. 36 c. $11,370. 04 d. $1,527. 0.
The total finance charge would be $11,546. 36 when the loan is repaid.
The rate of interest is 8.18% or 0.0818 compounded quarterly (4) that would determine the value if i that is interest by:
\(\frac{0.0818 }{4} \\=0.02045\)
Now, the number of years or n is computed as:
\(8*4\\=32\)
Here, 8 is time/year and 4 is quarterly interest payment.
The discounting factor is calculated below:
\(D=\frac{1-(1+i)^{-n} }{i} \\=\frac{1-(1+0.02045)^{-32} }{0.02045} \\=23.31\)
Now, we will calculate the quarterly payment by:
\(\frac{26900}{23.31} \\=1153.76\)
The payment made in 8 years quarterly would be:
\(1153.76*32\\=$36920.32\)
It would lead us to compute interest amount in total paid as:
\(36921.32 - 26900\\= 10021.32\)
Hence, financial charge is derived by adding the total interest and service charge, that is,
\(10021.32 + 1527 = 11548.32\)
Here, to convert the financial charge amount in cents by calculating the charge amount with 100, which would give 1154832 cents loan amount payment.
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What are stakeholders from Monopolistic competition, oligopoly, and monopoly?
Explanation:
Monopolistic competition
Monopolistic competition, many seller that differentiated products - products that differ slightly but sever similar purpose. By making consumer aware of product difference, seller exert some control over price.
Oligopoly
In an oligopoly, a few sellers supply sizable portion of products in the market. They exert some control over price, but because their products are similar, when one company lowers prices, the others follow .
Monopoly
In a monopoly, there is only one seller in the market. The market could be a geographical area, such as a city or a regional area, and does not necessarily have to be añ entire country. The single seller is able to control prices
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Explain the logistics flow of the product from the supply channel through the distribution channel both inbound and outbound. Include a visual representation (diagram or otherwise).Please ensure the full range of the logistics flow is covered. (Looking at the possible drawbacks due to the worlds current state).
The logistics flow of a product from the supply channel through the distribution channel involves both inbound and outbound processes. The supply channel includes the movement of raw materials and components from suppliers to the manufacturing facility, while the distribution channel involves the transportation of finished goods from the manufacturer to the end customer.
Inbound logistics include activities such as sourcing, procurement, transportation, and warehousing of raw materials and components. Outbound logistics include activities such as order processing, transportation, warehousing, and delivery of finished goods to the end customer. A visual representation of this flow can be seen in a supply chain map, which depicts the various stages and processes involved in the supply and distribution channels.
Possible drawbacks due to the world's current state include disruptions in supply chain due to factors such as border closures, restrictions on movement, and shortages of essential supplies. This has led to delays in production and delivery of goods, which in turn affects customer satisfaction and business revenue. To mitigate these challenges, companies are adopting new strategies such as diversifying suppliers, increasing inventory levels, and leveraging technology to improve supply chain visibility and resilience.
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The public company accounting reform and investor protection act of 2002 is known as the:.
It should be noted that Sarbanes-Oxley Act serves as act for public company accounting reform and investor protection act of 2002.
What is Sarbanes-Oxley Act ?The Sarbanes-Oxley Act of 2002 can be regarded as a federal act which was set up for sweeping auditing as well as financial regulations for public companies.
It was put in place to protect shareholder as well as the public from accounting fraudulent financial practice.
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