By how many years did the Sarbanes-Oxley Act increase the potential prison sentence for fraud? a. 25 b. 10 c. 15 d. 5
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By how many years did the Sarbanes-Oxley Act increase the potential prison sentence for fraud?
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- 72 which of the following circumstances will a mortgage loan originator be permitted more than 120 days of temporary authority? A) The application is complete and the agency has not yet made a decision. B) The individual has overlooked uploading required documentation. C) The individual has overlooked supplying state specific documents. D) The individual's criminal history records have not yet been completed.What year was the Sarbanes-Oxley Act enacted? 2007 1992 1997 2002A person who transfers a negotiable instrument to another for consideration warrants all but which of the following? Multiple Choice 235 42,678 That the instrument has not been altered. That he or she is unaware of insolvency proceedings against the maker, acceptor, or drawer of the instrument. That the instrument is not subject to be garnished. That the signatures on the instrument are authentic and authorized. FEB 21
- The Foreign Corrupt Practices Act (FC PA) was implemented in 1977. Why was it enacted, and what are its major provisions?Question #21 of 85 Which one of the following is a nontax characteristic of a custodial account established under the Uniform Transfers to Minors Act (UTMA)? A) Control of property in the account will be transferred to the minor at the state set age of majority. B) Only transfers of cash, securities, or life insurance may be placed in such a custodianship. C) Only transfers by the original donor are allowed. D) The age at which the beneficiary must be given control of the assets is determined by federal law.17 What is an REO? A O 'Real estate owned' by the lender after a foreclosure where the property failed to sell at auction. A period of time called a 'Redemption Extension to Owner' in which the owner has a chance to buy back property after it is auctioned off. A 'Registered Equity Offering' consisting of a portfolio of loans offered for sale as mortgage-backed securities on the secondary mortgage market. DO A 'Regulatory Enforcement Order' in which a lender files a lawsuit against the borrower to force the sale of the property.
- PARTNERSHIP DISSOLUTION M and N admits O as a new partner. The partnership statement of financial position immediately before the admission of C is shown below: Cash Accounts Receivable Inventory Total Assets 28,000 118,000 187,000 333,000 Accounts Payable M, Capital (70%) N, Capital (30%) Total Liabilities & Equity 65,000 172,000 96,000 333,000 The following adjustments are determined: a. The recoverable amount of the account receivable is P117,401. b. A P30,000 recovery of a previous write-down on the inventory should be recognized. c. Prepaid assets of P 4,600 and accrued liabilities of P 6,000 should be recognized. Case # 1:0 acquires half of N's interest for P 120,000. Case # 2: O invests P 81,250 cash to the partnership in exchange for a 25% interest. Case # 2, Scenario A: O's capital account is credited for the fair value of the 25% interest he acquired. For items 16-18, refer to Case #1 16. How much is the balance of M's capital account after O's admission? а. Р 191,600.70 b. Р…41. The most common way to perfect a security interest is by: Group of answer choices -filing a notice of lien in the appropriate legal publication -filing a financing statement at the appropriate governmental office -retaining possession of the collateral by the creditor -filing suit to obtain a money judgmentWhat kind of financial penalties would be attracted by the violation of this statute?
