All of the Following Are Consequences of the Sarbanes-Oxley Act

question 71

Multiple Choice

All of the following are consequences of the Sarbanes-Oxley Act EXCEPT:

• A) a decrease in foreign firms listing on U.S.stock exchanges.
• B) internal auditing scrutiny has improved and there is greater trust in financial reporting.
• C) an increased number of IPOs (initial public offerings) are expected.
• D) Section 404 creates excessive costs for firms.

---

Definitions:

Striving for Superiority

A concept in psychology suggesting that a primary motivation for humans is to overcome obstacles and strive to improve themselves.

Oral Stage

In psychoanalytic theory, the first stage of psychosexual development, where a child's pleasure centers around the mouth.

Psychosexual Development

Psychosexual Development is a Freudian theory that proposes individuals pass through a series of stages from childhood to adulthood, where pleasure focuses on different parts of the body.

Superego

The superego is a component of Sigmund Freud's psychoanalytic theory, acting as the ethical component of the personality and providing moral standards by which the ego operates.