Which of the Following Was Not a Result of the Sarbanes-Oxley

question 38

Multiple Choice

Which of the following was not a result of the Sarbanes-Oxley Act?

• A)The COO assumes financial statement responsibility.
• B)There are new requirements for CPA firms.
• C)There are stiffer consequences for white-collar crimes.
• D)Audit committees must be independent.

---

Definitions:

Middle Childhood

A developmental stage that covers the period from around 6 to 12 years of age, characterized by significant growth in social, cognitive, and emotional areas.

Early Adulthood

A developmental stage ranging approximately from the late teens to the late twenties, encompassing numerous psychological and social transitions, including increased independence and the establishment of personal and professional relationships.

Schizoid Personality Disorder

Schizoid Personality Disorder is a condition characterized by a long-standing pattern of detachment from social relationships and a limited range of expressing emotions in interpersonal settings.

Social Contact

Interaction with other people that can provide support, create feelings of belonging, and fulfill personal and social needs.