Which of the Following Is NOT One of the Ways

question 32

Multiple Choice

Which of the following is NOT one of the ways that the Sarbanes-Oxley Act sought to improve the accuracy of information given to both boards and shareholders?

• A) by increasing the penalties to firms for providing false information
• B) by increasing the independence of auditors and clients
• C) by decreasing the non-audit fees that an auditor can receive from a client
• D) by forcing companies to audit financial statements they release

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Definitions:

Low Socioeconomic Status

A term that describes individuals or groups who have limited access to financial, educational, and social resources.

Occupational Influence

The impact that one's job or career choice has on their lifestyle, personality, and personal choices.

Male-Dominated

Refers to fields, industries, or environments where men significantly outnumber women or hold most positions of power and influence.

STEM Field

Refers to disciplines in Science, Technology, Engineering, and Mathematics, areas that are critical to innovation and technological advancements.