Which One of the Following Is Not an Intended Result

question 26

Multiple Choice

Which one of the following is not an intended result of the Sarbanes-Oxley Act?

• A)more detailed and accurate financial reporting
• B)increased management awareness of internal controls
• C)corporations delisting from major exchanges
• D)increased responsibility for corporate officers
• E)identification of internal control weaknesses

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Definitions:

Monopoly Pricing

A pricing strategy used by a monopoly where the company can set prices with little to no competition, often above the market rate.

Antitrust Laws

Regulations designed to promote competition and prevent monopolies by restricting certain business practices deemed unfair or anti-competitive.

Less Competitive

Characterized by a lower ability or lack of ability to rival others in the same market.

Perfect Price Discrimination

A pricing strategy where a seller charges the maximum possible price for each unit consumed that a buyer is willing to pay, capturing the entire consumer surplus.