Which of the Following Is a Requirement Under Sarbanes-Oxley

question 98

Multiple Choice

Which of the following is a requirement under Sarbanes-Oxley?

• A)The majority of the board of directors must be independent.
• B)No inside officers can serve on the board of directors.
• C)Lawyers must blow the whistle on their corporate clients engaged in fraud.
• D)all of the above

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Definitions:

Average Return

A calculation that represents the typical gain or loss of an investment over a specified period.

Efficiency

The ability of an entity or system to achieve its goals with the least waste of time, effort, or material resources.

Market Prices

The current value at which an asset or service can be bought or sold in a competitive marketplace.

Historical Information

Data regarding past events, performance, and decisions in a company or market, used for research, analysis, and strategic planning.