Which of the Following Statements Is True About the Sarbanes-Oxley

question 72

Multiple Choice

Which of the following statements is true about the Sarbanes-Oxley Act of 2002?

• A)In case of noncompliance,it limits charges to heavy fines; it does not include prison terms for executives.
• B)Organizations spend millions of dollars each year to comply with regulations under the Sarbanes-Oxley Act.
• C)It imposes no criminal penalty for corporate governing and accounting lapses.
• D)Retaliation against whistle-blowers is not included as a violation under the law.
• E)It was passed in response to illegal and unethical behavior by employees toward the management.

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Definitions:

Number of Workers

The total count of individuals employed or available for employment within a business or economy.

Law of Diminishing Returns

The principle that as one factor of production is increased while others are held constant, the incremental gains in output will eventually decrease.

Marginal Output

The additional output that results from using one more unit of a particular input, holding all other inputs constant.

Resource (Labor)

Human effort, both physical and mental, used in the production of goods and services.