Which Is Not Affected by the Sarbanes-Oxley Act of 2002

question 117

Multiple Choice

Which is not affected by the Sarbanes-Oxley Act of 2002?

• A)The auditing function of the firm.
• B)The structure of the employee pension plan for non-executives.
• C)Executive compensation packages.
• D)The ability of the CEO to borrow money from the firm.

---

Definitions:

Direct Labor

The wages and other compensation paid to employees directly involved in producing goods or providing services.

Overhead

General business expenses not directly attributed to creating a product or service.

Incremental Revenue

The additional revenue generated from a specific action or decision, beyond what would have been generated without it.

Variable Cost

Costs that vary directly with the level of production or sales volume, such as materials and labor.