The Sarbanes-Oxley Act Is an Example of Which of the Following

question 84

Multiple Choice

The Sarbanes-Oxley Act is an example of which of the following forces of change?

• A) internal change
• B) technological change
• C) external change
• D) organizational strategy change

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Definitions:

Vested Property Rights

Rights in property that are established and guaranteed, not subject to being taken away or voided, often implying an ownership interest that is fully secured and enforceable.

Articles of Incorporation

Legal documents filed with a governmental body to legally document the creation of a corporation, outlining its structure and purpose.

Leveraged Buyout

A financial transaction where a company is purchased primarily with borrowed money, using the company's own assets as collateral for the loan.

Institutional Investors

Organizations such as pension funds, insurance companies, and mutual funds that invest significant amounts of money into various financial instruments.