The Sarbanes-Oxley Act of 2002 Is Considered the Most Sweeping

question 32

Multiple Choice

The Sarbanes-Oxley Act of 2002 is considered the most sweeping securities law since the 1933 and 1934 Acts. Which item in the list below was not part of the Sarbanes-Oxley Act of 2002?

• A)Enhances prosecutorial tool available in fraud cases.
• B)Legislates new guidelines for ethics and integrity for public accounting firms.
• C)Expands statutory prohibitions against fraud and obstruction of justice.
• D)Increases authorized penalties for securities and financial fraud.
• E)Strengthens the legal protections accorded whistleblowers.

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Definitions:

Wide Variety

A large assortment of products or services offered by a company, aiming to cater to different tastes and preferences of consumers.

Geographic Pricing

Geographic pricing refers to the practice of varying the price of a product based on the geographic location where it is sold, to reflect differences in market conditions or distribution costs.

Customer Service

The act of providing support and assistance to customers before, during, and after they make a purchase.

Marketing Research

The process of gathering, analyzing, and interpreting information about a market, about a product or service to be offered for sale in that market, and about the past, present, and potential customers for the product or service.