Which of the following is a valid criticism of the SOX?

When is revenue normally recognized for financial reporting on accrual basis?

What is the reporting objective that calls for the anticipation of all losses incurred but defers the recognition of gains or profits until they are realized in arm's length transactions?

Companies of what size have been impacted the most by the SOX from a cost perspective?

How are third party adjustments to patient bills reflected in the financial statements?

What is the accounting objective which best relates to the percentage of completion method?

For which of the following accounts would the use of 'the lower of cost or market price' principle be acceptable?

What kind of organization issuing securities would NOT have to register them with the SEC?

What entry would a donor make when giving a cash donation to a charity?

How is an unconditional promise to give a donation to a charity accounted for by the charity?

What is the accounting objective which best relates to the expensing of R&D costs?