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:

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Emerging technological innovations that have the potential to significantly alter current practices or create new industries.

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An individual who initiates or significantly transforms an organization or movement, adapting its direction to contemporary needs and contexts.

Action Guideline

A set of recommended actions or strategies designed to achieve a specific goal or outcome.