The Sarbanes-Oxley Act Was Enacted

question 1

Multiple Choice

The Sarbanes-Oxley Act was enacted

• A)to prevent accounting scandals like Enron.
• B)to restore trust in publicly traded companies.
• C)to hire better qualified managerial accountants.
• D)none of the above

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Definitions:

Leadership Behavior

The actions, practices, and attitudes exhibited by a leader to influence and guide a group towards achieving its goals.

Autocratic

Pertaining to a form or style of leadership that is directive and leader-centered, and in which power is exercised by a dominant and dictatorial individual.

Participative

Pertaining to a style of interpersonal relations characterized by a need for human interaction and warm relationships. Participatives provide peace and harmony, give encouragement to others, and instill team spirit. Leadership needs include keeping human relations smooth and considering personal feelings.

Mentoring And Partnering Programs

Initiatives designed to foster growth and learning by pairing less experienced individuals with mentors who provide guidance, knowledge, and support.