The Section of Sarbanes Oxley That Sets Forth Criminal Penalties

question 154

Short Answer

The section of Sarbanes Oxley that sets forth criminal penalties applicable to CEOs and CFOs of up to $5 million and up to 20 years imprisonment if they knowingly or willfully certify false or misleading periodic reports is ______________________________.

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Definitions:

Cross-Functional Team

A group of workers from different units with various areas of expertise, assembled to address certain issues.

Expertise

The skill, knowledge, or proficiency acquired through experience or education in a particular field.

Projects

Temporary endeavors undertaken to create a unique product, service, or result, characterized by defined objectives, scope, and time frames.

Interdependence

The extent to which team members rely on each other to complete their work tasks.