The Sarbanes-Oxley Act in 2002 Was Passed to Try to Prevent

question 13

True/False

The Sarbanes-Oxley Act in 2002 was passed to try to prevent fiascos like Enron, WorldCom, and Tyco.

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Definitions:

Direct Effects

Immediate impacts or outcomes that directly result from a specific cause or action without intermediate steps.

Indirect Effects

Outcomes that are not directly caused by an action but occur as a secondary or subsequent result of it.

Goals Motivate

The concept that setting and striving for objectives can drive individuals or teams to improve their performance and achieve success.

Goal-Setting Theory

A psychological theory that suggests setting specific and challenging goals enhances motivation and performance.