Which Statement Best Describes the 1934 Act's Position on Whistleblowing

question 2

Multiple Choice

Which statement best describes the 1934 Act's position on whistleblowing?

• A)Auditors who suspect that a client has committed an illegal act must notify the client's board of directors.
• B)Whistleblowers receive no protection under the Act and must decide for themselves if disclosure is worthwhile.
• C)If a client's board is notified of potential wrongdoing and does nothing,the auditor need do nothing more.
• D)Auditors are advised to avoid direct contact with the SEC regarding potential client wrongdoing.

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Definitions:

Hallucinations

Sensory experiences that appear real but are created by the mind, such as hearing voices or seeing things that aren't there.

Negative Correlation

A relationship between two variables where one variable increases as the other decreases and vice versa.

Sleep

A natural periodic state of rest for the mind and body, characterized by altered consciousness and reduced interactions with surroundings.

Age

The length of time that a person or organism has lived or a thing has existed.