An Individual Notices Illegal Behavior by His Boss

question 69

Multiple Choice

An individual notices illegal behavior by his boss. The part of the Sarbanes-Oxley Act MOST beneficial to this individual is the _______.

• A) increase in protection for whistleblowers
• B) increase in penalties for white collar crime
• C) requirement for organizations to have a code of ethics
• D) requirement for the audit committee to work independently

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Definitions:

Outside Supplier

An outside supplier is a third party that provides goods or services to a company, which are outside of the company's internal production process.

Operating At Capacity

The state of a company utilizing its resources, such as production facilities, at maximum potential without incurring additional capital expenditures.

Usual Selling Price

The regular or typical price at which a product is sold under normal market conditions.

Outside Supplier

A third-party company or organization that provides goods or services to another company, often part of the supply chain.