what argument can be made that sox may not be effective in reducing fraud? multiple choice it is not as stringent as international standards the sec has many laws for many years that have not seemed to make much of a difference the penalties under sarbanes-oxley are especially stringent, so it may not be enforced civil and criminal penalties are not effective in preventing financial fraud
Answers
The argument that can be made for why the Sarbanes-Oxley Act (SOX) may not be effective in reducing fraud is "The SEC has many laws for many years that have not seemed to make much of a difference."
The argument contends that despite numerous laws being upheld by the U.S. Securities and Exchange Commission (SEC) over the years, there has been little overall progress in reducing fraud. The effectiveness of adding a new law, like SOX, to address the problem of fraud is thus called into question by this argument.
It is crucial to remember that this argument does not provide proof of SOX's success in reducing fraud. To increase transparency and accountability in the corporate sector, the act has implemented significant reforms in corporate governance, financial reporting, and internal control requirements. The historical performance of SEC laws, according to this argument may cast doubt on the overall efficiency of regulatory measures in reducing fraud though.
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Related Questions
identify a true statement about the relative importance of the types of skills for different levels of managers in an organization.
Answers
The importance of skills varies for different levels of managers in an organization.At lower levels of management, technical and operational skills are typically more important.
These managers are directly involved in executing tasks and overseeing day-to-day operations, so they require a strong grasp of the specific skills and knowledge related to their department or function. Technical skills can include expertise in areas such as finance, marketing, or engineering, while operational skills involve managing processes, coordinating teams, and ensuring efficient workflows.
As managers ascend to higher levels of the organizational hierarchy, the relative importance of conceptual and strategic skills increases. These managers are responsible for setting the overall direction, making decisions that impact the entire organization, and formulating long-term strategies. Conceptual skills involve the ability to think critically, analyze complex situations, and understand the broader implications of decisions. Strategic skills are essential for developing plans, identifying opportunities, and positioning the organization for future success.It is important for managers at all levels to possess a combination of these skills, but the specific emphasis may vary based on their role and level of responsibility.
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What factors maintain differences between countries/religion
Answers
Answer: Different beliefs of "God"
Which of the following is not one of the reasons for financial failure? A. Ignorance of current tax laws B. Failure to establish definite goals C. Procrastination D. Investments in mutual funds
Answers
Ignorance and procrastination of anything could lead to failure.
Investments in mutual funds is not one of the reasons for financial failure. Hence, option D is correct.
What is Investments in mutual funds?A mutual fund is a business that collects money from many different sources and uses it to buy securities like stocks, bonds, and short-term loans. All of a mutual fund's holdings are referred to as its portfolio. Investors buy shares of mutual funds.
Mutual funds are typically seen as safe investments with little risk and a great method for investors to diversify. When it comes to fees, a mutual fund might not always be the greatest choice for a market participant.
Although there are many different types of mutual funds, most of them fall into one of four basic categories: stock funds, money market funds, bond funds, and target-date funds.
Thus, option D is correct.
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What are cover letters also called?
Letter of appreciation
Letter of preparation
Letter of anticipation
Letter of application
Answers
Answer:
A
Explanation:
because they are good
1.Is the demand for Good X Elastic or Inelastic between $9 and $10? Use the above demand schedule to answer this. explain(3 marks)
2.What happens to the Demand Curve of a Good X if the price of Good Y (a
substitute good) increases?Explain why the demand curve for Good X changed?(3 marks)
3.What type of demand would there be for a good that had NO substitutes? explain(2 marks)
4.There is an expectation that the
price of the product will soon
fall, what happens to demand(2 marks)
class 10 icse economics applications- chapter- demand pls help me i need urgent answer i will be very grateful pls help me
Answers
Answer:
1. Demand for good X is Elastic
2. The demand curve for good X shifts outward or rightward.
If the price of good Y increases, good Y becomes more expensive. Thus, the quantity demand of good y decreases. Consumers shift to the consumption of good X. As a result, there would be an increase in the demand for good X. The demand curve for good X shifts outward or rightward.
3. Demand would be inelastic if there were no substitutes.
If there is an increase in the price of the good, consumers cannot not shift to the consumption of a cheaper substitute. As a result, quantity demand would be less sensitive to changes in price.
4. If there is an expectation of a future reduction in price, there would be a fall in demand now. the demand curve would shift inward or leftward.
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases
Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.
Elasticity of demand for good X = percentage change in quantity demanded / percentage change in price
percentage change in quantity demanded = (150 / 110) - 1 = 0.364 = 36.4%
percentage change in price = (9/10) - 1 = 0.1 = -10%
Elasticity = 36.4 / -10 = -3.64 = 3.64
the coefficient of elasticity is greater than one, so demand is elastic
2. Substitute goods are goods that can be used in place of another good.
If the price of good Y increases, good Y becomes more expensive. Thus, the quantity demand of good y decreases. Consumers shift to the consumption of good X. As a result, there would be an increase in the demand for good X. The demand curve for good X shifts outward or rightward.
3. Demand would be inelastic if there were no substitutes.
If there is an increase in the price of the good, consumers cannot not shift to the consumption of a cheaper substitute. As a result, quantity demand would be less sensitive to changes in price.
4. If there is an expectation of a future reduction in price, there would be a fall in demand now. the demand curve would shift inward or leftward.
Prompt What is an economy?
Answers
Answer:
An economy is the large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated.
Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Explain the role of public relations in developing and maintaining a corporate image.
Answers
By overseeing communication and relationships between an organisation and its stakeholders, public relations plays a critical part in creating and sustaining a company image.
To influence the perception, reputation, and overall image of the business, strategic communication is used. To improve the public's view of the company, public relations experts take part in activities like media relations, crisis management, community involvement, and employee communications. Public relations contributes to the development of trust, credibility, and goodwill among stakeholders by clearly articulating the company's ideals, accomplishments, and social responsibility efforts. It helps build the company's brand, draw in clients, investors, and talent while minimising reputational hazards.
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According to the reading, what might support a premium pricing strategy? a) Forming your business as a corporation b) Fresh ingredients c) 24 hour operation d) None of the above
Answers
Answer: Fresh ingredients
Explanation:
An outlet or brand whose performance confirms a low-performance expectation generally will result in _____.
a. satisfaction
b. dissatisfaction
c. nonsatisfaction
d. elation
e. anger
Answers
An outlet or brand whose performance confirms a low-performance expectation generally will result in non satisfaction.
What is consumer behaviour?Consumer behavior is the study of how people make decisions about their daily need and wants.
It is the study with respect to the consumers & the process at the time of choosing and sale of the goods & services that involved the responses of the consumers in terms of emotional & behavioral.
Hence, an outlet or brand whose performance confirms a low-performance expectation generally will result in non satisfaction.
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the research design for a quantitative study involves decisions with regard to all except:
Answers
The research design for a quantitative study involves decisions with regard to various aspects of the study design. However, it is important to note that the exact components and decisions may vary depending on the specific research context and objectives.
That being said, typically, decisions related to the following aspects are involved in the research design of a quantitative study:
1.Research question and objectives: Defining the specific research question(s) and objectives that the study aims to address.
2.Sampling: Determining the target population and selecting an appropriate sampling technique to obtain a representative sample from the population.
3.Data collection: Deciding on the methods and instruments to collect data, such as surveys, questionnaires, structured observations, or experimental procedures.
4.Variables and measurements: Identifying the variables of interest and determining how to measure and operationalize them. This includes selecting appropriate scales, indicators, or instruments to collect data on the variables.
5.Research design: Choosing the appropriate research design based on the research question and objectives. This may involve decisions regarding cross-sectional, longitudinal, experimental, or quasi-experimental designs.
6. Data analysis: Selecting appropriate statistical methods and techniques to analyze the collected data, such as descriptive statistics, inferential statistics, regression analysis, or hypothesis testing.
7. Ethical considerations: Considering ethical issues related to the study, such as obtaining informed consent from participants, ensuring privacy and confidentiality, and adhering to ethical guidelines and regulations.
The phrase "all except" in your question suggests that there is one aspect that does not involve decisions in the research design of a quantitative study. However, without specifying the options or choices, it is not possible to determine which aspect is excluded.
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after you’ve talked to a referral about your job search, what should you do? check all that apply. cut off communication.
Answers
After we've talked to a referral approximately our job search, ask whether we can live in touch throughout our Communication. Ship our referral a casual thank-you notice, Ask whether we are able to stay in contact at some stage in our process seek.
Name, address, phone variety, what corporation they may be with, process identify, and 2 or three people that virtually such or give us good tips. communique is the act of giving, receiving, and sharing information in different phrases, talking or writing, and listening or analyzing. Appropriate communicators pay attention cautiously, communicate or write surely, and admire different reviews.
Communication is commonly described because of the transmission of information. The term also can refer just to the message communicated or to the field of inquiry reading such transmissions. there are many disagreements approximately its precise definition.
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construct a thermal budget for an organism listing the principal sources and processes of heat gain and heat loss.
Answers
The thermal budget of an organism includes heat gain from metabolic processes, external environment, and solar radiation, while heat loss occurs through conduction, convection, radiation, and evaporation.
An organism's thermal budget refers to the balance between heat gain and heat loss. Heat gain primarily occurs through metabolic processes, where energy produced during cellular respiration is converted into heat. Additionally, an organism can gain heat from the external environment if it is warmer than the organism's body temperature. Solar radiation, especially in sun-exposed areas, can also contribute to heat gain. On the other hand, heat loss is crucial to maintain the organism's body temperature within a suitable range. Heat loss can occur through conduction, where heat transfers between the organism and a surface it is in contact with. Convection involves heat loss through the movement of air or water across the organism's body. Radiation refers to the emission of heat energy as infrared radiation from the organism's body. Finally, evaporation of water, such as through sweating or panting, facilitates heat loss as water absorbs heat from the organism and evaporates into the surrounding environment. The thermal budget is a dynamic balance between these sources and processes, ensuring the organism's body temperature remains within a range compatible with its physiological functions.
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Accounting information systems: Multiple Choice require a CITP designation to understand. report only financially related information. are always computerized. are an information system that records, processes, and reports on transactions to provide financial and nonfinancial information for decision making and control.
Answers
Answer: Are an information system that records, processes, and reports on transactions to provide financial and nonfinancial information for decision making and control.
Explanation:
Accounting information systems are very useful because they combine accounting records with processes thereby coming up with reports on transactions that provide relevant stakeholders with both financial and non-financial information needed for decision making and control.
Accounting systems do not require a Certified International Trade Professional (CITP) designation to understand neither does it report only financially related information nor is it always computerized.
Which of the following influences the consumer when he or she is deciding wether to buy a product?
A. The stock market
B. Opinion factors
C. External factors
D. Multiple factors
Answers
Answer:
D.
Explanation:
The factors that infuence a consumer's decision of buying product are multiple. It can be internal, external, economic, cultural, etc.
These factors include psychological factor, social factor, cultural factor, situational factor, etc.
Many times it's psychological factors such as moods. If a person is in bad or good mood, it will affect his behavior to buy a product. Culture or social life also influences consumer's buying habit. Some buy under peer pressure or to have status in society.
Therefore, option D is correct.
Answer: External factors
Explanation:
what sentence describes the human resources department?
1. "he builds strategies to deal with the challenge that the business faces due to the changing economic policies of the government, and market competition"
2. "he ensures that all of the company's activities and policies comply with the labor laws"
3. "he uses software applications to track production of goods. he also tried to target and reach the right custumers"
Answers
Answer:
Sentence 1 "he builds strategies to deal with the challenge that the business faces due to the changing economic policies of the government, and market competition" does not describe the human resources department specifically. It describes a management role in general, and some responsibilities may be shared between different departments such as finance, operations, marketing, etc. However, the HR department could be involved in strategizing how to manage the human capital of the company in light of the external challenges that the business is facing. The human resources department plays an important role in aligning the workforce with the business goals and objectives, and in creating policies and procedures to ensure that the company is able to adapt to changes in the external environment.
Sentence number 2 "he ensures that all of the company's activities and policies comply with the labor laws" describes the human resources department. The Human Resources department is responsible for ensuring that the company complies with labor laws and regulations, and is also responsible for managing the company's employees, including hiring, training, and benefits. The HR department also plays a key role in creating policies and procedures to ensure that the company is a fair and equitable workplace.
Sentence 3 "he uses software applications to track production of goods. he also tried to target and reach the right customers" does not describe the human resources department specifically. It describes a manufacturing or operations role, or a role in sales and marketing. The Human Resources department is responsible for managing the company's employees, including hiring, training, and benefits. The HR department also plays a key role in creating policies and procedures to ensure that the company is a fair and equitable workplace. It also ensures that the company complies with labor laws and regulations and also helps in aligning the workforce with the business goals and objectives.
Explanation:
The following information applies to the questions displayed
below.]
Santana Rey created Business Solutions on October 1, 2021. The
company has been successful, and its list of customers has grown.
T
Answers
Santana Rey created Business Solutions on October 1, 2021.
How long has Business Solutions been in operation?Business Solutions has been in operation since October 1, 2021. Santana Rey established the company on that date, and since then, it has experienced success and seen its customer base expand.
With the growth of the company, Business Solutions has likely been providing its services and solutions to a growing number of customers.
The company's establishment date is an important reference point for assessing its duration of operation and the milestones it has achieved.
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A person who does not have capacity to contract may later contract.
A. accept
B. disaffirm
C. counteroffer
D. enforce
Answers
Answer:
B.) Disaffirm
Explanation:
I just took it and got it correct
Answer:
B
Explanation: I just took it
What category of forecasting techniques uses managerial judgment in lieu of numerical data?.
Answers
The qualitative category of forecasting approaches relies on managerial judgment rather than numerical data.
Forecasting is the process of forecasting what will happen in the future based on past and present occurrences. Essentially, it is a decision-making tool that assists firms in dealing with the impact of future uncertainty by reviewing historical data and trends. It is a planning tool that allows firms to chart their next steps and develop budgets that will ideally cover any uncertainties that may arise.
Forecasts are based on opinions, instincts, and educated estimates, as well as facts, numbers, and other relevant data. All of the components that go into generating a projection reflect, to some extent, what happened with the firm in the past and what is expected to happen in the future.
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Regina, Brock, and Sean are website designers who have been tasked to create a new website together.
This is an example of:
alliance
collaboration
punctuality
relationship
Answers
Answer:
B: Collaboration
Explanation:
I took the test
Answer:
B: Collaboration
Explanation:
I took the test
on june 1, 2020, england inc. reported a cash balance of $42,000. during june, england made cash sales of $16,000 and made cash payments totaling $48,000. what is the cash balance at the end of june? $58.000 debit balance. $10,000 debit balance. $58,000 credit balance. $10,000 credit balance
Answers
England Inc. reported a $42,000 cash balance as of June 1st, 2020. England made cash transactions and payments of $16,000 and $48,000 in june. There would be a $10,000 negative balance in the cash balance at the end of June.
You may use the following formula to determine the final cash balance:
Ending Cash Balance = Beginning Cash Balance + Cash Sales - Cash Payments.
Adding the specified values:
$42,000 plus $16,000 less $48,000 is a $10,000 deficit.
A debit balance in accounting denotes a negative cash balance, indicating debt for the business. This indicates that the business has to raise extra dollars to pay its expenditures since it has spent more money than it has brought in via sales.
The sum of money that a business has on hand at the moment is called its cash balance. This cash is held in reserve to cover any unforeseen financial shortfalls. Without this financial safety net, companies could find themselves unable to cover their expenses.
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Question 10 of 20
What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers,
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers
D. A market economy is determined by consumers and a command
economy is determined by central authority,
Answers
Computer equipment was acquired at the beginning of the year at a cost of $66,600 that has an estimated residual value of $4,100 and an estimated useful life of five years. Determine the (a) depreciable cost, (b) straight-line rate, and (c) annual straight-line depreciation.
Answers
Answer:
Depreciable cost = Cost of equipment - residual value
Depreciable cost = 66,600 - 4,400
= $2,200
Annual depreciation = cost - residual value / useful life
Annual depreciation = 66,600 - 4,400 / 5
= 12,440
Straight-line rate = Annual depreciation expense / cost - residual value
Straight-line rate = 12,400 / 66,600 - 4,400
= 0.199
what is completely nuts' unit market share?
Answers
The unit market share of a product or brand, also known as "completely nuts," is the percentage of the total market sales of that specific product or brand.
Unit market share is calculated by dividing the total sales of the product or brand by the total sales of the entire market and then multiplying by 100 to get a percentage.
For example, if "completely nuts" had total sales of $100,000 and the entire market had total sales of $1,000,000, the unit market share for "completely nuts" would be 10% (100,000/1,000,000 x 100). This is an important measure for businesses as it helps them understand their position in the market and how they compare to their competitors.
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Alex and bailey run a dog wash and spa service. they have to purchase basic, low-cost work supplies on a regular basis. they budget a specific amount of money to buy these goods each month. which type of credit would be most helpful and least risky for them? installment credit secured credit card service credit bank loan
Answers
Alex and bailey run a dog wash and spa service. They have to purchase basic, low-cost work supplies on a regular basis. They budget a specific amount of money to buy these goods each month. Secured credit card service would be most helpful and least risky for them.
What do you mean by Secured credit card service?
A secured credit card is a type of credit card that is backed by a cash deposit from the cardholder. This deposit acts as security for the account and provides security to the card issuer in case the cardholder is unable to make payments. With a secured credit card, the amount you put down becomes your credit limit for your credit card.Secured credit cards are often issued to subprime borrowers or those with poor or limited credit history (so-called thin file borrowers). Since the card issuer will report secured credit cards to the credit reporting agencies, these cards can help borrowers improve their credit scores.To learn more about Secured credit card service, refer to:
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Callaghan Motors' bonds have 8 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 11.5%, and the yield to maturity is 10%. What is the bond's current market price? Round your answer to the nearest cent.
Answers
The current market price of Callaghan Motors' bonds is $1,252.90.
To calculate the current market price of Callaghan Motors' bonds, we need to use the present value formula, taking into account the bond's remaining maturity, coupon interest rate, yield to maturity, and par value.
Years to maturity (n) = 8
Par value (F) = $1,000
Coupon interest rate (C) = 11.5%
Yield to maturity (YTM) = 10%
Calculate the annual coupon payment.
Annual coupon payment = Coupon interest rate × Par value
Annual coupon payment = 11.5% × $1,000 = $115
Calculate the present value of the coupon payments.
Using the present value of an ordinary annuity formula:
PV of coupon payments = Annual coupon payment × [1 - (1 + YTM)^(-n)] / YTM
PV of coupon payments = $115 × [1 - (1 + 10%)^(-8)] / 10%
PV of coupon payments = $789.71
Calculate the present value of the par value at maturity.
PV of par value = Par value / (1 + YTM)^n
PV of par value = $1,000 / (1 + 10%)^8
PV of par value = $463.19
Calculate the current market price.
Current market price = PV of coupon payments + PV of par value
Current market price = $789.71 + $463.19
Current market price = $1,252.90
Therefore, the current market price of Callaghan Motors' bonds is $1,252.90 (rounded to the nearest cent).
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To what account would a debit be posted if employees worked during a period when they had not yet been paid?
A. Unearned Revenue
B. Salaries Payable
C. Service Revenue
D. Salaries Expense
Answers
Answer:
D. Salaries Expense
Answer:
Salaries Expense
Explanation:
more economically developed economies (the united states and united kingdom) have a need for more complex accounting standards. true or false
Answers
The statement "More economically developed economies (the United States and United Kingdom) have a need for more complex accounting standards" is true because The United States and the United Kingdom are economically developed nations, and their financial systems are among the most complex in the world. Their economies are heavily influenced by global trade, and they are home to some of the world's largest companies.
What are accounting standards?Accounting standards are standards or laws created to standardize financial reporting practices across firms. They serve as guidelines to ensure that financial reporting is complete, consistent, and transparent, and that the information contained in financial statements is useful and relevant to users. They are a critical part of accounting because they make financial statements more meaningful and credible. The need for complex accounting standards in more economically developed economies.
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Money encourages specialization by decreasing the .
Answers
Money encourages specialization by decreasing the exchange cost.
The correct option is B.
What is the exchange cost?Exchange cost is the price by which the product is exchanged between the customer and seller.
Money eliminates the double coincidence of desires, allowing for greater specialization and productivity.
As a result, money enables us to make better use of our limited resources by allowing us to generate more in the same number of resources.
This aids in the reduction of scarcity.
Thus, B is the correct option.
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Entity A is a construction company listed in Hong Kong.
To maintain consistency, it always recognises progress based on work certified over total contract value. For a long-term contract, Entity A will satisfy the performance obligation over time.
In the year to 30 June 2020, Entity A had recognised revenue of $15,000,000 and a profit of $3,750,000 in respect of this contract.
The following information relates to one of its long-term contracts on 30 June 2021.
Contract price = $50,000,000
Costs incurred to date = $32,500,000
Estimated cost to complete = $5,200,000
Invoiced to customer = $30,000,000
Work certified to date = $42,500,000
Answers
Entity A is a construction company in Hong Kong, and it recognizes progress based on work certified over total contract value to maintain consistency. Entity A recognizes the satisfaction of the performance obligation over time for long-term contracts.
On June 30, 2021, Entity A's long-term contract had a contract price of $50,000,000. Costs incurred to date were $32,500,000, estimated cost to complete was $5,200,000, invoiced to the customer was $30,000,000, and work certified to date was $42,500,000.
Based on the contract information, Entity A had incurred $37,700,000 (cost incurred to date plus estimated cost to complete) against a contract price of $50,000,000. The amount invoiced to the customer was $30,000,000, and work certified was $42,500,000, which indicates that the entity is in a good position with respect to satisfying the performance obligation.
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