The Maintenance of a Framework of Security and Order Through

question 69

Multiple Choice

The maintenance of a framework of security and order through the establishment and enforcement of rules under which people can interact peacefully with one another and be secure in their person and property is known as the

• A) productive function of government.
• B) protective function of government.
• C) transfer function of government.
• D) illegitimate function of government.

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Definitions:

Sarbanes-Oxley Act

The Sarbanes-Oxley Act is a U.S. federal law that established sweeping auditing and financial regulations for public companies, to protect investors from fraudulent financial reporting.

Felony

A serious crime, usually punishable by imprisonment for more than one year or by death.

Proper Records

Maintaining accurate and complete documentation of all transactions and operations in business, necessary for compliance and auditing purposes.

Criminally Liable

The legal responsibility one holds for committing an act that is prohibited by law, potentially resulting in criminal prosecution and penalties.