Geno's Body Shop had sales revenues and operating costs in $2023$ of $$650,000$ and $$525,000,$ respectively. In $2024,$ Geno plans to expand the services it provides to customers to include detailing services. Revenues are expected to increase by $$85,000$ and operating costs by $$50,000$ as a result of this expansion. Assuming that there are no changes to the existing body shop business, operating profits would be expected to increase during $2024$ by:

Multiple Choice

$$125,000.$

$$85,000.$

$$160,000.$

$$35,000.$

Which of the following is not true of the Sarbanes$-$Oxley Act of $2002?$

Multiple Choice

It has provisions that affect both companies and accounting firms.

It requires that the CEO and CFO take responsibility for a company$$s financial statements.

It requires managers to attest to the adequacy of their internal controls.

It guarantees that all managers will behave ethically.