As a Result of Recent Accounting Scandals Involving Companies Such

question 37

Multiple Choice

As a result of recent accounting scandals involving companies such as Enron and World Com,the Sarbanes-Oxley Act of 2002 was written to protect shareholders of public companies by improving

• A)management accounting.
• B)corporate governance.
• C)professional competence.
• D)the corporate legal process.

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Definitions:

Job Evaluation

A systematic process for assessing the relative worth of jobs within an organization to establish fair pay scales.

Conscientiousness

A personality trait characterized by diligence, carefulness, and a desire to do a task well.

Self-leadership

The practice of influencing oneself to establish the self-direction and self-motivation needed to achieve personal or organizational goals.

Degree of Autonomy

Refers to the extent to which a job allows an employee to self-manage and make decisions independently.