Which of the Following Is Not True About How the Sarbanes-Oxley

question 74

Multiple Choice

Which of the following is not true about how the Sarbanes-Oxley Act counteracts incentives for committing fraud?

• A)It provides for stiffer monetary penalties.
• B)It increases the maximum jail sentence for fraudulent reporting.
• C)It removes legal protection from whistleblowers.
• D)It provides that violators must repay any money obtained via fraud plus pay fines.

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Definitions:

Multicultural Organization

An organization that values and utilizes the diverse cultural backgrounds of its members, often reflecting a wide variety of perspectives and practices.

Foreign Language

A language used by individuals who are not native speakers, often learned for the purposes of communication in areas where the native language is different.

Informal Networks

The unofficial relationships and channels of communication that exist within an organization, allowing for information flow outside formal organizational structures.

Ethnocentric

Having the belief that one's own culture or ethnicity is superior to others, often leading to judging other cultures solely by the values and standards of one's own.