The Goal of the U

question 65

True/False

The goal of the U.S. Sarbanes-Oxley Act is to prevent deceptive accounting and management practices and thus to increase confidence in corporate governance.

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Definitions:

Mental Age

A measure of an individual's cognitive ability compared to the average cognitive ability of an age group, irrespective of the person's chronological age.

Chronological Age

The amount of time that has passed since an individual's birth, measured in years.

IQ

Intelligence quotient, a measure of a person's cognitive abilities in relation to their age group.

Superior Verbal

Describes individuals who have exceptionally good skills in expressing themselves using language.