All of the Following Are Consequences of the Sarbanes-Oxley Act

question 71

Multiple Choice

All of the following are consequences of the Sarbanes-Oxley Act EXCEPT:

• A) a decrease in foreign firms listing on U.S.stock exchanges.
• B) internal auditing scrutiny has improved and there is greater trust in financial reporting.
• C) an increased number of IPOs (initial public offerings) are expected.
• D) Section 404 creates excessive costs for firms.

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Definitions:

Semantic Memory

A type of long-term memory that involves the storage of general knowledge and facts about the world, not tied to personal experiences.

Episodic Memory

The subgroup of long-term memory that involves the recollection of specific events, situations, and experiences.

Names of States

Reference to the official titles of political or geographic entities that make up a country, such as the states in the United States of America.

Episodic Memory

A form of memory that involves the recollection of specific events, situations, and experiences from one's personal past.