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8,9, & 10 please 6. Which of the following is NOT a reason that Congress passed the Sarbanes-Oxley Act? a. To answer the public outcry
8,9, & 10 please
6. Which of the following is NOT a reason that Congress passed the Sarbanes-Oxley Act? a. To answer the public outcry related to the financial scandals of the early 2000s 6. To require companies to maintain strong and effective internal controls over the recording of financial transactions C. To apply the same controls to private companies as to public companies d. To require companies to maintain strong and effective internal controls over the preparation of financial statements. 9. Cash equivalents do not include a. U.S. Treasury bills. b. commercial paper. c. accounts receivable. d. money market funds. 10. The petty cash fund should be replenished for the a. amount needed to bring the petty cash fund back to its established amount. b. amount of expenses estimated for the next period. c. amount of receipts plus cash on hand. d. total amount for which the account was originally set up
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