The Sarbanes-Oxley Act of 2002 Was Passed in Response to What

question 94

Multiple Choice

The Sarbanes-Oxley Act of 2002 was passed in response to what event?

• A)a series of accounting scandals
• B)unexpected increases in dividend payments to stockholders at various corporations
• C)volatility in NASDAQ indexes
• D)historically low bond prices

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Definitions:

Principle of Reciprocity

A social norm suggesting that a favor done for someone should be reciprocated by them in the future.

Pareto Principle

Also known as the 80/20 rule, it suggests that 80% of effects come from 20% of causes, applicable across various fields.

Equity Theory

A psychological theory which proposes that employees are motivated when they perceive their treatment in the workplace as fair, especially in how rewards are distributed.

Fairplay Rule

An ethical guideline ensuring fairness and honesty in transactions and interactions, often in sports or business.