To Qualify for Financial Rewards as a Whistleblower Under the Dodd-Frank

question 40

Multiple Choice

To qualify for financial rewards as a whistleblower under the Dodd-Frank Act,an informant must:

• A) Provide original information concerning a securities law violation
• B) Provide material information about false or fraudulent accounting reporting
• C) Identify the particular securities law that a company has violated
• D) Provide information that results in a recovery for the federal government about any violation of federal law

---

Definitions:

Retained Earnings

The portion of net income that is kept within the company rather than distributed to its shareholders as dividends.

Prepaid Rent

Payments made in advance for rent on a property or space that is to be used in the future, recorded as an asset on the balance sheet until the period to which the payment applies passes.

Sales Revenue

The total income a company generates from selling its goods or services before any costs or expenses are subtracted.

Wage Expense

The total amount spent by a business on salaries and wages for its employees.