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Congress Enacted the Sarbanes-Oxley Act to Help Reduce Unethical Management

question 69

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Congress enacted the Sarbanes-Oxley Act to help reduce unethical management decisions.

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Definitions:

Balanced Scorecard

A strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organizational performance against strategic goals.

Performance Measures

Quantitative indicators used to assess how well an individual, organization, or process is achieving its objectives or goals.

Standard Hour Plans

Compensation systems where employees are paid a set rate for each hour worked, often with different rates for overtime hours.

Quality-Oriented Incentives

Rewards or bonuses given to employees for meeting or exceeding quality standards in their work.

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