1. The Sarbanes-Oxley Act of 2002 requires a publicly-traded corporation to _____.?
a. ?keep confidential the procedures used to construct and report financial statements.
b. ?have an internal audit team that render an unbiased (independent) opinion concerning the firm's financial statements
c. ?have a committee that consists of outside directors to oversee the firm's audits
d. ?increase the certainty of the expected cash flows
e. ?adopt the primary goal of stockholder wealth maximization
2. At the financial control phase, a firm is concerned with:?
a. ?the amount of funds generated internally.
b. ?determining how much money it will need during a given period.
c. ?determining its financial breakeven point.
d. ?the degree of financial leverage that is acceptable.
e. ?implementing financial plans and dealing with feedback.