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

question 69

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 and pay fines.

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Definitions:

Capital

Assets used in the production of goods and services, such as machinery, buildings, or tools.

Production Efficiency

A situation where the economy is utilizing all of its resources efficiently, producing what people want at the lowest possible cost.

Production Possibility Frontier

Describes the maximum possible output combinations of two goods or services an economy can achieve when all resources are fully and efficiently utilized.

Unemployment Rate

The percentage of the labor force that is jobless and actively looking for employment.