The Sarbanes-Oxley Act Has All but Which of the Following

question 20

Multiple Choice

The Sarbanes-Oxley Act has all but which of the following provisions?

• A) Creating a five-person Accounting Oversight Board with authority to review and discipline auditors.
• B) Creating severe civil and criminal penalties for enterprises that engage in the commission of two or more predicate acts within a period of ten years.
• C) Increasing the penalties for existing federal crimes and creating new criminal offenses.
• D) Adding new financial disclosure requirements.

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.