Sarbanes-Oxley Act of 2002 Requires Which of the Following Report

question 14

Multiple Choice

Sarbanes-Oxley Act of 2002 requires which of the following report to be prepared by the management of the company?

• A) A report identifying the competency of the company's board of directors.
• B) A report assessing the market value of the company's current stock price.
• C) A report showing management's assessment of internal control.
• D) A report evaluating the probability that the company will remain in business.

Grasp the principles of reward systems and their influence on employee satisfaction and performance.

Understand the relationship between job satisfaction and organizational citizenship behavior (OCB).

Identify different types of organizational commitment and their impact on employee retention.

Recognize the role of emotions and moods in the workplace, including their effect on behavior and performance.

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Definitions:

Aligned Objective

An objective shared and agreed upon by all stakeholders in a project or organization, ensuring that everyone works toward the same goal.

Scope of Strategic Fit

The alignment between an organization's strategies, capabilities, and the external environment to ensure efficiency and effectiveness in achieving goals.

Company Success

The achievement of desired financial and strategic goals by a company, often measured by profitability, market share, and growth.

Company Failure

Refers to the cessation of business operations due to financial insolvency, bankruptcy, or inability to sustain operational costs.