Briefly Explain the Reasons for Enacting the Sarbanes-Oxley Act of 2002

question 56

Essay

Briefly explain the reasons for enacting the Sarbanes-Oxley Act of 2002.

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Definitions:

Reward

An item, event, or outcome that increases the likelihood of a behavior being repeated, crucial in the processes of learning and conditioning.

Punishment

A consequence given in response to an action or behavior deemed unacceptable or wrong, intended to discourage that behavior.

Psychic Agent

An entity or element within the psyche that is responsible for specific mental functions or activities, often discussed in psychoanalytic theory.

Cognitive Processes

Mental actions or operations that include thinking, reasoning, problem-solving, decision-making, and memory.