Which of the Following Is Not a Provision of the Sarbanes-Oxley

question 88

Multiple Choice

Which of the following is not a provision of the Sarbanes-Oxley Act?

• A)Executives can avoid penalties for fraud by declaring personal bankruptcy.
• B)Stiffer penalties for fraud in terms of monetary fines and jail time.
• C)Public companies must adopt a code of ethics for senior financial officers.
• D)Management must issue a report that indicates whether internal controls are effective at preventing errors and frauD.Executives cannot avoid monetary penalties by declaring personal bankruptcy.

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