The Purpose of This 2002 Act Was to Improve Financial

question 13

Multiple Choice

The purpose of this 2002 act was to improve financial reporting and reinforce the importance of corporate ethics.

• A)Foreign Corrupt Practices Act
• B)Sarbanes-Oxley Act
• C)Securities and Exchange Act
• D)Treadway Act

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Definitions:

False Consciousness

A Marxist term describing the way in which material, ideological, and institutional processes mislead members of the proletariat about their real interests.

Hidden Curriculum

The implicit teachings and norms conveyed in educational environments that are not part of the formal curriculum.

Meritocracy

A system in which advancement and rewards are based on individual merit, abilities, and achievements rather than on social class or other factors.

Hidden Curriculum

The undeclared and accidental knowledge, including beliefs and attitudes, that students gain while attending school.