Which of the Following Is True of the Sarbanes-Oxley Act

question 67

Multiple Choice

Which of the following is true of the Sarbanes-Oxley Act (SOX) ?

• A)It helped disband the Public Company Accounting Oversight Board.
• B)It protects employees of companies who provide evidence of fraud.
• C)It prohibits a CEO from signing the company's federal income tax return.
• D)It considers whistle-blowing a white collar crime.

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Definitions:

State Government

The government of an individual state within a federal system, responsible for local laws and governance within its territory.

International Agency

An organization that operates across national borders, focusing on international issues and often providing services or enforcing regulations.

Merchants

Individuals or entities engaged in the business of buying and selling goods for profit, often with expertise in the trade of specific types of goods.

Higher Standard

A level of quality or attainment that is above the ordinary or expected.