Which One of the Following Is an Unintended Result of the Sarbanes-Oxley

question 19

Multiple Choice

Which one of the following is an unintended 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:

Competitive Advantage

The advantage a company has over its competitors, allowing it to generate greater sales or margins and/or retain more customers.

Monopolistic Market

A market structure characterized by a single seller who has significant control over the market price and conditions, in contrast to perfect competition.

High Value

Refers to items or aspects considered of significant importance or worth, often due to their quality, utility, or rarity.

Continuous-Process Production

A manufacturing approach where materials are continuously in motion or being processed, resulting in a constant output.