Which of the Following Is a Criticism of the Sarbanes-Oxley

question 57

Multiple Choice

Which of the following is a criticism of the Sarbanes-Oxley Act?

• A)It excludes requirements for certification of documents by officers.
• B)It imposes extraordinary financial costs on the firms.
• C)It does not require lawyers to report concerns of wrongdoing if not addressed.
• D)It does not require codes of ethics for senior financial officers.

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Definitions:

Eligible

Qualified or entitled to be chosen or to participate in something based on certain criteria or conditions.

Vacation Schedule

A plan or timetable allocating specific times for vacation or leave from work, often organized to ensure operational efficiency.

Reschedule

The act of arranging for an event, meeting, or appointment to take place at a different time than originally planned.

Team Meetings

Structured gatherings of team members aimed at discussing organizational goals, progress, and issues needing collective input.