Which of the Following Was Not a Change Introduced by the Sarbanes-Oxley

question 118

Multiple Choice

Which of the following was not a change introduced by the Sarbanes-Oxley Act?

• A)Limits on executive compensation for most companies.
• B)Stiffer fines and maximum jail sentences for willful misrepresentation of financial results.
• C)An external audit of the effectiveness of internal controls.
• D)Anonymous tip lines and legal protection to whistle-blowers.

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Definitions:

Agency's Authority

The scope of power given to an agency or representative to act on behalf of another party or entity.

Executive Administrative Agency

A government agency under the executive branch that enforces laws and regulations in specific areas.

Executive Branch

The branch of government responsible for implementing and enforcing laws, typically headed by the president or prime minister and consisting of cabinet members and other officials.

Specialized Bodies

Organizations or groups that focus on a specific field or area of expertise, providing insight or governance.