It Is Estimated That Section 404 of SOX Has Generated

question 69

True/False

It is estimated that Section 404 of SOX has generated auditing fees in the hundreds of millions of dollars,all in the hope of enforcing ethical conduct in U.S.organizations.

---

Definitions:

Economic Espionage

The clandestine collection of trade secrets or proprietary information about a company’s competitors.

Global Marketing

The practice of marketing products or services across international borders, adapting strategies to different cultural and regional preferences.

Tariff

A tax imposed on imported or exported goods, often used to regulate trade and protect domestic industries.