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Passed During the Early Twenty-First Century, the Sarbanes-Oxley Act Included

question 123

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Passed during the early twenty-first century, the Sarbanes-Oxley Act included provisions to ensure that external auditors offered fair, unbiased opinions when they examined a company's financial statements.


Definitions:

Decision Cycle

The process through which choices are identified, considered, and acted upon in a cyclical manner.

Crowdsourcing

The practice of obtaining needed services, ideas, or content by soliciting contributions from a large group of people, especially from the online community.

Outsourcing

The business practice of hiring external parties to perform services or create goods that traditionally were performed in-house by the company's own employees and staff.

Decision Making

The act of making a decision among various options through mental processes.

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