Harsh Penalties Exist for Violators of the Sarbanes-Oxley Act (SOX)

question 167

True/False

Harsh penalties exist for violators of the Sarbanes-Oxley Act (SOX) - sentences up to 25 years in prison with severe fines.

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Definitions:

Z Score

A numerical calculation indicating how a specific value's distance from the group's average is expressed in multiple standard deviations.

Mean

The arithmetic average of a set of numbers, calculated by adding them all up and dividing by the quantity of numbers.

Standard Score

A score that expresses an individual's position relative to the mean, based on the standard deviation of the scores in the distribution.

Standard Deviations

A metric that calculates the degree of spread or variability of data points relative to their average value.