The Sarbanes-Oxley Act of 2002

question 111

Multiple Choice

The Sarbanes-Oxley Act of 2002:

• A)requires public companies to issue an internal control report.
• B)requires an outside auditor to evaluate the soundness of a public company's internal controls.
• C)requires public companies to issue a special report on the amount of collusion within a company.
• D)A and B

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Definitions:

Stages of Change

A model that describes the process by which individuals motivate themselves and move toward personal behavior change in several distinct steps.

Ethical Reasoning

The process of evaluating what is right or wrong in a moral sense, often leading to moral judgments and actions based on ethical principles.

Moral Development

The process of learning, understanding, and applying ethical principles and values, shaping one's character and actions.

Ethical Choice

Decision-making based on moral principles and values, aiming to do what is right and beneficial.