Which Is NOT a Provision of Sarbanes-Oxley

question 75

Multiple Choice

Which is NOT a provision of Sarbanes-Oxley?

• A) Accounting firms are allowed to provide both auditing services and a full range of consulting services to their public company clients.
• B) Those who commit securities fraud may be sentenced to 25 years in prison.
• C) Public companies must issue an internal control report evaluated by an outside auditor.
• D) Auditors of public companies are under the scrutiny of the Public Company Accounting Oversight Board.

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Definitions:

Corporate Social Responsibility

A strategy for business that promotes sustainable development through ensuring economic, social, and environmental advantages for every stakeholder involved.

Diversity Practices

Strategies and policies implemented within organizations to promote and support diversity in the workplace environment.

Corporate Philanthropy

The efforts and resources donated by companies to various causes or organizations to promote welfare or social good.

Organisational Politics

The use of power, influence, and social networking within an organization to gain advantage or achieve personal or group goals.