Which of the Following Statements Concerning the Sarbanes-Oxley Act of 2002

question 17

Multiple Choice

Which of the following statements concerning the Sarbanes-Oxley Act of 2002 is true?

• A)It strengthened the SEC's ability to prosecute companies that presented misleading accounting data to the public.
• B)It cracked down on insider trading.
• C)It established rules for IPOs so average investors would not be at a disadvantage.
• D)It strengthened the standards for companies which plan to go public.

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Definitions:

Freudian Psychoanalyst

A mental health professional who practices psychoanalysis based on the theories and methods of Sigmund Freud, focusing on unconscious processes.

Humanist

A person who adopts a philosophical stance emphasizing the value and agency of human beings, individually and collectively.

Human Nature

The inherent characteristics, including ways of thinking, feeling, and acting, that all humans are believed to share.

Underlying Assumptions

Fundamental beliefs or ideas that are taken for granted and support the framework of a theory, argument, or system of thought.