What Is the Name of the Legislation Put in Place

question 21

Multiple Choice

What is the name of the legislation put in place to protect shareholders and the public from deceptive accounting practices in organizations?

• A) Gramm-Leach-Bliley Act (GLBA)
• B) Sarbanes-Oxley (SOX) Act
• C) HL-7
• D) All of these are correct.

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Definitions:

Distributive Bargaining

A negotiation strategy that involves a fixed amount of resources to be divided between parties, often leading to a win-lose situation.

Deceptive Tactics

Strategies or maneuvers employed in negotiation or persuasion that involve misleading or falsely representing information.

Career Development

The lifelong process of managing learning, work, leisure, and transitions in order to move toward a personally determined and evolving preferred future.

Career Path

The progression or sequence of positions and roles an individual may take on during their working life, often illustrating growth and development in a particular field or profession.