
U101-C Flowmeter
Materials:
Body: Cast lron (Spray-Painted)
seals: Buna-N
Technical Specifications:
Discharge rate of each revolution:0.5L
Flow rate range:5L~60L/min
Accuracy:±0.2%
Repeat error:≤�.1%
Environmental condition:-40~~+70degree
Package:
Product ID Net Weight Cross Weight Dimension
U101-C 23kg/case of 1 25kg/case of 1 28×26× 45cm/case of 1
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of their firm s
financial reports. Second, new measures to improve the monitoring of firms by relevant outside
professionals, such as lawyers and auditors, who got their own regulatory body, the Public
Company Accounting Oversight Board (PCAOB). Third, more disclosure, including of a firm s
internal-control structure. Fourth, new rules on the conduct of corporate insiders, such as a
prohibition on loans to executives. Finally, new rules to ensure that securities analysts at banks
operate independently from their firms investment-banking activities.
SOX-bashers have found fault, to varying degrees, with all five reforms. Henry Butler, an
economist, and Larry Ribstein, a fuel dispenser law professor, set out the most comprehensive critique yet in a
recent paper, “The Sarbanes-Oxley debacle How to fix it and what we ve learned� which was
presented at the conservative American Enterprise Institute. Describing SOX as a “colossal failure,
poorly conceived and hastily enacted during a regulatory panic� they argue (among other things)
that the costs of implementing SOX are far higher than expected, both in cash terms, and even
more so when they count the indirect costs—such as managers reluctance to take risks because
of the new “climate of fear�in the boardroom, and the missed opportunities of foregone
investment. Although they admit that SOX may have reduced the risk of fraud, they argue that
this benefit is far outweighed by the costs.
Messrs Butler and Ribstein would ideally like SOX to be repealed. But even if a court case
challenging the constitutionality of the PCAOB (and by extension, SOX) is successful, it is more
likely that Congress will simply amend the fuel dispenser law.
All SOX critics agree that the top priority for reform is Section 404 of the law, which regulates the
internal controls that firms use to reduce the risk of fraud or error in their financial statements.
The burdens imposed by Section 404 are the main reason why formerly enthusiastic supporters of
SOX, such as Mr Greenspa fuel dispenser