The Sarbanes-Oxley Act Was Passed in an Effort to

question 20

Multiple Choice

The Sarbanes-Oxley Act was passed in an effort to

• A) protect small business from large corporations dominating the market.
• B) ensure that partnerships divide profits among partners in a fair manner.
• C) guarantee outside auditors can control corporate accounting practices.
• D) control corrupt corporate behavior.

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Definitions:

Contractual Duties

Obligations that parties are legally bound to perform as outlined in a contract.

Motivation Theory

A theory or set of theories that explains why individuals are driven to initiate, persist in, or cease specific behaviors at various times.

Coworkers

Individuals who work together in the same organization or on the same project but do not have the same direct line of authority.

Alderfer's ERG Theory

A motivational theory that categorizes human needs into three groups: Existence, Relatedness, and Growth, proposing that individuals are motivated to satisfy these needs.