Which of the following is NOT a feature of the Sarbanes-Oxley Act? The company and auditors must annually assess the effectiveness of financial controls The company must maintain effective internal financial controls. The CEO and CFO must attest to the fairness of the financial reports All of the above are features of the Sarbanes-Oxley Act.

Answers

Answer 1

There is no feature of the Sarbanes-Oxley Act that is listed as an option to choose from.

However, to provide some context, the Sarbanes-Oxley Act (SOX) is a federal law that was enacted in response to accounting scandals and corporate fraud that occurred in the early 2000s. The law established new or expanded requirements for public companies and accounting firms, with the goal of improving financial transparency and corporate governance. The features of the Sarbanes-Oxley Act include the requirement that the company and auditors must annually assess the effectiveness of financial controls, the company must maintain effective internal financial controls, and the CEO and CFO must attest to the fairness of the financial reports. Other key provisions of the law include increased criminal penalties for corporate fraud, the creation of the Public Company Accounting Oversight Board (PCAOB), and enhanced disclosure requirements for companies.

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Related Questions

Pls help this is timed

Pls help this is timed

Answers

Answer:

It's the first one Co-signer or gardien to make sure someone will repay

Answer:

The first one: Co-signer or Guaranteer to ensure someone else will repay.

Explanation:

This person is usually a parent of guardian but it's not required that they are. The bank just wants to make sure they'll get their money.

What position would be the highest in a company's hierarchy?

A). director of finance
B). finance manager
C). accountant
D). finance administrative assistant

Answers

Answer: D. Finance administrative assistant

Explanation: search all the answers up to see if it matches CEO or is closet to the CEO job

How should you dress for a phone interview? (Site 1)
online content

Answers

Answer:

You should at least have a nice top on because only the camera will see that. If you are a girl you could just wear a dress, probably a black one because that is what I wore to my interview yesterday because there is no pattern or anything it's just a plain black one, but that was in person. if you're a guy you need to wear a suit and tie,but you could probably just wear shorts because they won't see the bottom half of you

Explanation:

I hope this helps out a little bit :-)

An interview is a formal process by which an employee is assessed for his/her performance by the employer.

For a phone interview, one should be dressed properly as the interviewer can see you through the camera.

For a girl, you should be dressed nicely and no revealing or extra shiny clothes should be wore.

In the case of a man, one should be properly dressed in suits or formal shirts.

Try to wear dark black or blue coloured clothes and sit in a properly lighted area.

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In trading account freight belongs to which side debit or credit?

Answers

Answer:

Explanation:

In trading account, freight belongs to the debit side. It is a direct expenses on purchases and manufacturing operation

Freight is the cost incurred in transporting an item to its final destination when the terms are FOB shipping point. It is treated as part of the cost of merchandise and recorded in the inventory if the merchandise has not been sold.

Increase  in the cost of freight are recorded on the debit side while decrease are recorded on the credit side.

A business has decided to make their products more environmentally friendly, which two stakeholders will this decision most likely appeal to?.

Answers

When a business decides to make their products more environmentally friendly, there are two stakeholders who are most likely to be pleased with this decision: customers and government regulators.

Customers are becoming increasingly concerned about the environmental impact of the products they buy, and are willing to pay more for products that are eco-friendly. By making their products more environmentally friendly, businesses can attract these environmentally-conscious customers and build a loyal customer base.
On the other hand, government regulators are also pushing businesses to reduce their environmental impact. This is particularly true in industries that produce a lot of waste or emissions, such as manufacturing or transportation. By making their products more eco-friendly, businesses can avoid fines and penalties from regulatory bodies, and can improve their reputation as responsible corporate citizens.
Overall, by making their products more environmentally friendly, businesses can appeal to both customers and government regulators, while also reducing their impact on the environment and potentially saving money on resources and waste disposal.

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all small indusrties are highly labor intensive true /false given reason

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Answer:

FALSE.

Explanation:

Not ALL small industries are highly labor-intensive. If you start a small industry, it could become highly labor-intensive as a result of insufficient staffing, inventory, and other factors.

TIP: Never use "ALL", "ALWAYS", "NEVER", etc...words like this turn arguments false.

Which of the following causes the master budget variance between the amounts in the master budget and the flexible budget of a revenue​ center?
A. The number of units sold differs from planned sales levels
B. The cost of sales
C. The selling price per unit
D. Both the selling price and the number of units sold

Answers

Answer:

A. The number of units sold differs from planned sales levels.

Explanation:

The difference in the master budget and flexible budget lies in the level of operation (sales units). That is the planned sales levels included in muster budget are usually different from the actual sales levels included in the flexible budget.

What does purchasing insurance for a business reveal about the business owner’s attitude toward financial risk?

Answers

Answer:

It reveals that the owner is completely aware about financial risk and wants to take precautions to ensure the success of his company.

When a parent takes away previous reinforcers of an action so that a behavior returns to its original level, what behavioral technique is this parent employing?

Answers

Behavioral parent training technique is this parent employing.

BPT programs are intended to inform parents about ADHD and teach them strategies for improving their interactions with their children, reducing problem behavior, and promoting desired conduct. Almost all BPT programs are based on the Hanf two-stage model (Reitman and McMahon, 2013), which encourages parents to concentrate on fostering positive parent-child connections as a foundation for the use of effective discipline. Usually, 8 to 16 group or individual sessions, directed by a qualified clinician, make up BPT programs. The clinician works collaboratively with parents, learning about the particular difficulties they have at home and assisting them in using BPT tactics to overcome those difficulties.

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One of the major reasons for the decrease in the need for agricultural workers was?

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One of the major reasons for the decrease in the need for agricultural workers was due to insufficient public investment for agrarian development.

There were many other reasons for the decrease in the need for agricultural workers which are landlessness, population pressure, environmental constraints, and technological changes in agriculture.

It is seen that worldwide, the percentage of people who work in agriculture has dropped as many people don't want to work on farms anymore. With heavy debts to pay and agricultural land being lost for other purposes, it became difficult for the agricultural workers.

Hence, these were the reasons for the decrease in the need for agricultural workers.

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A sandwich shop has identified two groups of consumers for its pulled-pork sandwiches: A and B. Group A's price elasticity of demand is -3.75 and group B's is -1.8. If there is no possibility of resale, then the shop should charge a higher price to which group?

Answers

The sandwich shop should charge a higher price to group B. To determine which group the shop should charge a higher price to, we need to consider the price elasticity of demand for each group.

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price.

The absolute value of the price elasticity of demand indicates the sensitivity of consumers to price changes. A higher absolute value implies greater sensitivity. In this case, group A has a price elasticity of demand of -3.75, while group B has a price elasticity of demand of -1.8.

Since the absolute value of group A's price elasticity of demand (-3.75) is higher than that of group B (-1.8), it means that group A is more price-sensitive and responsive to changes in price compared to group B.

Considering the price elasticity of demand, the sandwich shop should charge a higher price to group B. Group A's higher price elasticity indicates that they are more likely to respond negatively to price increases by reducing their quantity demanded. On the other hand, group B's lower price elasticity suggests that they are less sensitive to price changes, and therefore, the shop has more flexibility to charge a higher price to this group without significantly impacting their demand.

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You are the contracting officer on a service contrat for refuse collection. your contract contains a base year with there option years. you are:______

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You are responsible for overseeing a service contract for refuse collection that includes a base year and three option years.

As the contracting officer, your main role is to manage and administer the service contract for refuse collection. This contract consists of a base year, which is the initial period of the contract, and three option years that can be exercised at the discretion of the contracting parties.

During the base year, the contractor is obligated to provide the refuse collection services specified in the contract. The terms and conditions of the contract, including pricing, performance standards, and deliverables, are typically set for this base year.

Once the base year is completed, the option years come into play. These option years give the contracting parties the flexibility to extend the contract for an additional three years, if desired. The decision to exercise these option years is usually based on factors such as satisfactory performance, budgetary considerations, and the ongoing need for the refuse collection services.

As the contracting officer, it is your responsibility to ensure that the contractor fulfills their obligations during the base year and any option years that are exercised. You may need to monitor the contractor's performance, review invoices, handle any disputes or changes to the contract, and ensure compliance with applicable regulations.

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Jennifer was working with some photo-editing software to crop one of her photos when she noticed that the image looked grainy. What MOST LIKELY happened? O A. She didn't crop enough of the image. O B. She wasn't using photo-editing software. OC. She cropped too much of the image and the resolution was reduced. O D. She cropped too much of the image and the resolution was increased.​

Answers

Answer:

C. She cropped too much of the image and the resolution was reduced.

Explanation:

When a photo is edited via cropping, it is essentially chopping away "unwanted" pixels from the photo. However, the removal of such pixels may affect the image in a negative way, leading to a lower resolution. Remember, the less pixels the image has, the lower the resolution. The higher the pixel amount, the better the resolution.

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at the end of 2021, koosharem corp. calculated and recorded $50,000 in depreciation on a building that it had purchased five years earlier. how will this depreciation affect koosharem’s 2021 financial statements?

Answers

The effect of depreciation  on koosharem’s 2021 financial statements is that it would lead to a decrease in the net income and a decrease in assets.

Depreciation is a method that is used to decrease the carrying value of an asset due to wear and tear.

There are different methods that can be used to determine the depreciation of an asset. They include:

The double-declining method The straight line deprecation methodThe unit of production depreciation method Sum of the years deprecation method.

Building is considered as an asset to the business. It is a type of fixed asset. The carrying value of the building on the balance sheet would be reduced by $50,000. Depreciation is an expense. This would lead to an expense of $50,000 which would reduce net income by the same amount.

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is contact lenses for a person who wears glass good or service

Answers

Contact lenses for a person who wears glass would be classified as a good.

What is a product?

A product is sometimes referred to as a good and it can be defined as any physical object (tangible item) that is typically produced by a manufacturer, in order to satisfy and meet the demands, needs, or wants of every customer (persons or people).

In Business management, some examples of a product include the following:

Digital cameraRefrigeratorLaptop computerGlassSmartphones or Mobile phonesTelevisionContact lenses

In this context, we can reasonably infer and logically conclude that contact lenses are good examples of products because they are tangible and can be seen, touched, or felt by a customer.

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The following are demand and supply equations for marijuana in Nevada (where it is legal): Qd= 100 –1/2P Qs= ЗР - 75 Price is in terms of an eighth of an ounce of marijuana and quantities are in millions of eighths per month. a) What is the equilibrium price of an eighth of an ounce of marijuana in this market? b) What is the equilibrium quantity in this market? c) If the price is currently $60 per eighth of an ounce, competition among buyers / sellers (circle one) will put downward / upward (circle one) pressure on price.

Answers

The equilibrium price of an eighth of an ounce of marijuana in this market is approximately $50.

a) to find the equilibrium price, we need to set the quantity demanded (qd) equal to the quantity supplied (qs) and solve for the price (p).

qd = qs100 - (1/2)p = 3p - 75

simplifying the equation:

100 + 75 = (3 + 1/2)p175 = (7/2)p

p = 175 * (2/7)p ≈ 50 b) to find the equilibrium quantity, we substitute the equilibrium price (p) into either the demand or supply equation and solve for the quantity (q).

using the supply equation:

qs = 3p - 75qs = 3 * 50 - 75

qs = 150 - 75qs = 75

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C-Through, an optics manufacturing company, wants to focus on relationship marketing. in this case, which of the following strategies can be adopted by C-Through?a. It can market its products through dealers.b. It can set the price and other conditions of sale without negotiations.c. It can use accessory equipment and major equipment.d. It can use social networking sites to advertise itself to businesses.

Answers

In this case, C-Through can adopt the following strategies for relationship marketing: It can use social networking sites to advertise itself to businesses.

What is relationship marketing? Relationship marketing is a marketing strategy that focuses on building long-term customer relationships that benefit both the customer and the company. Rather than relying on one-time sales, relationship marketing aims to foster customer loyalty and repeat business by providing value beyond the product or service itself. The strategies that can be adopted by C-Through, an optics manufacturing company, for relationship marketing, are as follows: It can market its products through dealers. This is an example of a transactional marketing strategy. While it may result in short-term sales, it does not necessarily build customer loyalty or long-term relationships. It can set the price and other conditions of sale without negotiations.

This is also an example of transactional marketing. It does not provide an opportunity for relationship building or customer engagement. It can use accessory equipment and major equipment. This may be a value-added strategy, but it is not necessarily focused on relationship building or customer engagement. It can use social networking sites to advertise itself to businesses. This is an example of relationship marketing. By using social media to engage with customers and provide value beyond the product, C-Through can foster customer loyalty and repeat business. Social media also provides an opportunity for customer feedback and engagement. Therefore, the correct option is (d) It can use social networking sites to advertise itself to businesses.

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suppose the returns on two stocks are negatively correlated. one has a beta of 1.2 as determined in a regression analysis using data for the last 5 years, while the other has a beta of -0.6. the returns on the stock with the negative beta must have been negatively correlated with returns on most other stocks during that 5-year period.

Answers

False. The beta of -0.6 only means that the stock was negatively correlated with the market index used in the regression analysis.

It does not necessarily mean that the stock was negatively correlated with other stocks in the market. It is possible that the returns on the stock with the negative beta were positively correlated with returns on other stocks.

Beta is a measure of the sensitivity of a stock's returns to the market returns. A negative beta implies that the stock tends to move in the opposite direction of the market, but it does not imply that the stock's returns are negatively correlated with other stocks. Correlation indicates the degree to which two stocks move together, not necessarily in the same direction. Therefore, it is possible for two stocks with negative betas to be positively correlated or even uncorrelated.

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how should the capital structure weights used to calculate the wacc be determined?

Answers

The capital structure weights used to calculate the Weighted Average Cost of Capital (WACC) should be determined based on the proportionate contribution of each component of capital to the total capital structure of a company. This involves determining the weight of debt and equity in the company's capital structure, reflecting the relative importance of each source of funding.

In more detail, the capital structure weights represent the percentage of total capital contributed by each source, typically debt and equity. These weights are determined by dividing the market value of each component by the total market value of the company's capital structure. Market value weights are preferred over book value weights as they reflect the current market valuation of the company's securities.

The weight of debt is calculated by dividing the market value of the company's outstanding debt by the total market value of the company's capital structure. Similarly, the weight of equity is calculated by dividing the market value of the company's outstanding equity by the total market value of the company's capital structure. These weights represent the relative importance of each component in the overall funding mix of the company.

Determining accurate and appropriate capital structure weights is essential for calculating the WACC, as it provides a more realistic measure of the cost of capital for the company. By incorporating the relative proportions of debt and equity in the capital structure, the WACC reflects the average cost of financing the company's investments and projects. Companies may periodically review and update their capital structure weights to reflect any changes in the market value of their debt and equity securities.

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what is the second phase in the 7-phase life cycle development process?

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The second phase in the 7-phase life cycle development process is the "Planning" phase.

In this phase, the project team develops a detailed project plan, which includes defining the scope of the project, creating a work breakdown structure (WBS), and developing a schedule and budget.

The planning phase is crucial to the success of the project, as it lays out the steps that will be taken to complete the project and identifies any potential risks or challenges that may arise.

The other phases in the 7-phase life cycle development process are:
1. Initiation
3. Execution
4. Monitoring and Control
5. Testing
6. Deployment
7. Maintenance and Support

Each phase plays an important role in the development of a project, and it is important to carefully plan and execute each step to ensure the success of the project.

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cab inc. has 1,000 shares of 4%, $100 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at december 31, 2012. what is the annual dividend on the preferred stock?

Answers

To calculate the annual dividend on Cab Inc.'s preferred stock, we need to first determine the total par value of the preferred stock.

This can be calculated by multiplying the number of preferred shares (1,000) by the par value per share ($100), which equals $100,000.

Next, we need to calculate the percentage of the par value that is paid out as a dividend each year. The question states that the preferred stock has a 4% dividend rate. Therefore, we can multiply the total par value of the preferred stock ($100,000) by the dividend rate (4%), which equals $4,000.

So, the annual dividend on Cab Inc.'s preferred stock is $4,000. This means that each year, Cab Inc. must pay out $4,000 to its preferred stockholders before it can pay any dividends to its common stockholders. Additionally, the preferred stockholders have a cumulative feature, which means that if Cab Inc. misses a dividend payment, it must make up the missed payments before it can pay dividends to its common stockholders.

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how is simple interest different from compound interest?
A. compound interest is not paid on the principal, or initial deposit.
B. simple interest is paid on the original deposit plus any interest earned.
C. compound interest is only paid on the principal, or initial deposit.
D. Simple interest is only paid on the principal, or initial deposit.

Answers

Simple interest is frequently a fixed proportion of the outstanding sum financed or lent or given away over a defined time period. When present value builds up and is then added to the accumulated interest from earlier periods, borrowers are forced to pay duty on principal in addition to principal.

Why is compound interest different from simple interest?

On the principal, or original loan amount, of a loan, simple interest is calculated. Since compound interest is computed using that both original and the interest paid from previous periods, it is regularly alluded to as "credit on interest".

How does simple interest differ from compound interest?

What separates compound interest from simple interest? Simple interest just takes into account the principal for computing interest charges, but compound interest considers both the outstanding amount and all prior interest charged.

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Think about the sample you just read. Sort the details depending on whether they are suitable for a younger or older
audience.
defining "litter"
energy-saving goods to buy
statistics about pollution
start an environment club
scientific experts' views
fuel-efficient car facts
how to recycle
Details for a Younger Audience
interviews with kids
Details for an Older Audience

Answers

Facts about fuel-efficient vehicles, scientific theories, and suggestions for energy-saving items For a younger audience, creating an environment club, interviewing kids, recycling, and statistics are appropriate.

Why is it vital to consider the target audience's age?

You can reach more people in a certain age group by using age demographics. A certain age group may share cultural experiences, values, or attitudes that might help you relate to your target audience. These concepts can be used to demonstrate how your good or service matches their requirements and way of life.

What are the four most important methods for determining a target audience?

When launching a business, a product, or a service from your current firm, identifying your core target audience is essential.

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Answer:Details for younger- interviewing with kids, how to recycle, start an environment club, defining “litter”


Older Audience-scientific experts’ views, energy-saving goods to buy,statistics about pollution, fuel-efficient car facts.

Explanation: I took it on edge 2023

Explain why the credit industry wants you to believe that you need a credit score

Answers

Answer:

Because the credit industry gains a profit from it's users. Credit is a tool, and if used wisely can be beneficial for many people who don't have enough cash to pay for things. Having "good" credit score means that it's easier for you to receive a loan.

Let understand that Credit score refers the score which tells about a consumer's creditworthiness.

In practice, the higher the credit score of an individual, the higher the rate of repayment of credit gotten.

The Credit scoring is used the lenders to help them decide whether to borrow, extend or deny credit.

Therefore, the credit industry wants one to believe you need credit score because its helps them to ascertain your creditworthiness.

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The summary section of a business report appears at the bottom of the report.

False

True

Answers

Answer: True




Explanation: Its a repeat of what was discussed

Some advantage(s) of Business Process Re-engineering include: Group of answer choices a. Cycle time reduction d. Laying off employees c. Restructuring organization b. Effective communication e. a, b, and c (i.e., Cycle time reduction, effective communication, and restructuring organization are all advantages of BPR).

Answers

a, b, and c (i.e., Cycle time reduction, effective communication, and restructuring organization are all advantages of BPR).

It saves time. It simplifies the decision-making process. It reduces errors. Avoids potential for disagreement

What is Business Process Re-engineering ?

BPR or business process reengineering is the central reevaluating and radical update of business procedures to accomplish various upgrades in primary, contemporary proportions of execution like cost, quality, administration, and speed.

The purpose of business process reengineering is to completely overhaul existing methods.

Business processes are redesigned from the ground up with a renewed focus on the company's mission and the customers' needs.

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Does everyone make a good leader? Explain your answer.

Answers

Answer:

Ye

Explanation:

everyone has qualities that good leaders possess, but not everyone encounters the exact set of circumstances in life where those qualities can really be recognized. Everyone can develop leadership qualities and put them to use in life

moreover, dunn and bradstreet found that 20 to 25 percent of all outsourcing relationships fail within and nearly half fail within years. this implies that the likelihood of incurring these expenses again, or experiencing costs associated with reinternalizing an outsourced activity, is . another critical financial consideration with outsourcing is the impact on the .

Answers

According to research by Dunn & Bradstreet, 20 to 25 percent of all outsourcing relationships end in failure after two years, and almost half do so after five.

This suggests that there is a strong possibility that similar costs will be incurred again, as well as expenditures related to re-internalizing an outsourced operation. The effect on the internal workforce when outsourcing is a crucial financial factor.

This outsourcing model focuses on how the customer and their third-party supplier handle both ownership and accountability during the course of the collaboration.

Because another organization can complete these minor jobs more effectively than the company itself, outsourcing non-core operations can increase productivity and efficiency. Additionally, this approach may boost industry competition, shorten turnaround times, and reduce overall operating costs.

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Define the term unemployment and explain the relationship between unemployment and crime​

Answers

Answer:

The term unemployment refers to a situation where a person actively searches for employment but is unable to find work.

an illegal act for which someone can be punished by the government. especially : a gross violation of law. : a grave offense especially against morality

Explanation:

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) XYZ company has no debt. It has excess cash of $60 million. The company is expecting to earn $48 million of free cash flows every year in the subsequent years. The company is planning to distribute these additional cash flows as regular dividends. The cost of capital of the company is 9 per cent. It has outstanding shares of 12 million. The company may distribute the excess cash of $60 million as special dividends or for share repurchase. Suppose that company has decided to utilize the excess cash for the purpose of share repurchase. What is the expected amount of the annual regular dividends?

Answers

If XYZ company decides to utilize the excess cash of $60 million for share repurchase, it means that the cash will be used to buy back its own shares from the market. In this case, the outstanding shares will be reduced, which will affect the calculation of the expected amount of annual regular dividends.

First, we calculate the amount available for regular dividends:

Amount available for regular dividends = Free Cash Flows - Share Repurchase

Amount available for regular dividends = $48 million - $60 million (excess cash used for share repurchase)

Since the company is utilizing the excess cash for share repurchase, which reduces the available cash for regular dividends, the result will be negative. Therefore, the expected amount of the annual regular dividends would be $0 in this scenario.

It's important to note that share repurchases can affect the dividend policy of a company, as the reduction in outstanding shares can increase the dividend per share for remaining shareholders. However, in this particular case, utilizing the excess cash for share repurchase leaves no funds available for regular dividends.

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Please help me. I will mark you as brainliest !! Which of the following sentences is punctuated correctly?A. Where is mother!B. She is in the basement with Martha.C. Is she going to be there all day, I really need to talk to her rightnow, and then I have to go.D. I don't know? pleaseeee help! was due 2 weeks ago! The data manger for a state political party gathered data to determine how many citizens would support the partys senate candidate the nurse receives the patient's most recent blood work results. which laboratory value is of greatest concern? In a helical compression spring, which shear stress is larger, that due to torsion or that due to direct shear? A. that due to torsion. B. that due to direct shear C. Well, dude, we just don't know. D. They are equal. Which of the following is most important incausing a cloud of gas to collapse to form a star andplanets?Pressure from other gas clouds pushes the gasinward. Opposite charges in the gas attract. Circle P has tangents XY and ZY and chords WX and WZ, as shown in this figure. The measure of What does it mean to say that prokaryotic organisms have compact genomes, relative to eukaryotic genomes?. Permanganate reacts with methanol to produce formic acid according to the following unbalanced chemical equation in acidic solution: Mno. (aq) + CHOH (aq) --> Mn2+ (aq) + HCOOH (aq). Which statement(s) is/are true about this reaction? I. Alter balancing the equation, there are 2 H+ (aq) on the right side of the equation for every HCOOH. II. Manganese is oxidized during the course of the reaction. III. After balancing the equation, there are three times as many water molecules as Mn2+ ions on the right side of the equation. Which equation could represent the line? Mixture Temperature (C)Mixture 13Mixture 2-4Mixture 3-1Mixture 42.In science class, Emma is measuring the temperature of different chemical mixtures. The temperatures of fourmixtures are shown in the table. Which mixture's temperature is closest to zero? Which is NOT part of a Pivot Table? Headings Rows Columns Values A [blank] is used to connect words or word parts candice would like to go to the swimming and would like see the latest movie, but she can only get tickets to the movie for the same time that the pool is open she can only pick one activity. this means Question 7lutiple Choice Worth 3 points)Examine the following diagram Which of the following layers is or are older than layer D? The cosine of an acute angle, , in standard position is 8/17 a) Identify the y-coordinate of the point that lies on the terminal arm of and has an x-coordinate of 8. b) Sketch a diagram of . c) Determine sin and tan to three decimal places. Your answer Is dance a skill or talent? HELP ME I PROMISE ILL GIVE YOU ANYTHING Can someone help please? (GIVING BRAINLIEST!!)Two types of clouds and described below.Cloud 1: Long columns that stretch high into the sky; often bring heavy rains, snow, and hailCloud 2: Long, gray, and cover most of the sky; often bring light rain, sleet, or snowWhich statement is true about the clouds?A) Cloud 1 is a cirrus cloud, and Cloud 2 is a cumulus cloud.B) Cloud 1 is a cumulonimbus cloud, and Cloud 2 is a stratus cloud.C) Cloud 1 is a stratus cloud, and Cloud 2 is a cumulonimbus cloud.D) Cloud 1 is a cumulus cloud, and Cloud 2 is a cirrus cloud.Explain Why