Explain a flexible budget. How is a flexible budget related to a static budget?

Explain a flexible budget. How is a flexible budget related to a static budget?

What is responsibility accounting? Explain the purpose of responsibility accounting.

What do you believe the future holds for the Sarbanes-Oxley Act? Explain

What is the objective of internal auditing? Is the scope of internal auditing limited to financial statement audits? Explain.

Do you believe the Securities Acts of 1933 and 1934 were necessary? Explain.

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