Which of the Following Ethical Dilemmas Is Addressed by the Sarbanes

question 46

Multiple Choice

Which of the following ethical dilemmas is addressed by the Sarbanes Oxley Act?

• A)Competition
• B)Auditor responsibility and independence
• C)Sourcing of cheap labor
• D)Company strategy

---

Definitions:

ΔTR/Δq

The change in total revenue that results from selling one additional unit of a product, essentially another term for marginal revenue.

Marginal Revenue

Earnings obtained from the sale of one more unit of a good or service.

Equilibrium Price

The market price at which the quantity of goods supplied is equal to the quantity of goods demanded, reaching a state of balance.

Perfectly Competitive

A market structure characterized by a large number of small firms, a homogeneous product, free entry and exit, and perfect information, leading to price-takers behavior.