Joan Is the CFO of Para Corp

question 49

Essay

Joan is the CFO of Para Corp.,and is a year from retirement.In order to guarantee herself a very substantial bonus and to boost her retirement package,she knowingly certifies false financial reports making the company appear to be much more profitable than it really is.She further takes steps to assure that the financial report did not get reviewed through internal controls maintained by Para Corp.Under provisions of the Sarbanes-Oxley Act,what are the possible penalties that may be imposed when her actions are discovered?

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Definitions:

Susceptible Host

An individual or organism that lacks the ability to resist infection by a particular pathogen, making them more likely to become affected by diseases.

Pathogens

Microorganisms such as bacteria, viruses, fungi, or parasites that can cause disease in humans or animals.

Disinfection

The process of applying antimicrobial agents to nonliving objects to destroy microorganisms.

Communicable Disease

An infectious disease transmissible by direct contact with an affected individual or the individual's discharges or by indirect means.