The Sarbanes-Oxley Act Places Responsibility on CEOs and CFOs of Companies

question 75

True/False

The Sarbanes-Oxley Act places responsibility on CEOs and CFOs of companies to certify the fairness of company's financial statements.The Act also created the Public Company Accounting Oversight Board which oversees the public accounting profession.

---

Definitions:

Human Behavior

Human behavior encompasses the range of actions and mannerisms exhibited by humans in conjunction with their environment, life experiences, and culture, influenced by emotions, attitudes, ethics, and genetics.

Classical Conditioning

An educational process that happens by linking a naturally occurring stimulus with one that occurs in the environment.

Little Albert

An early 20th-century experiment in classical conditioning by John Watson and Rosalie Rayner, demonstrating how emotional responses can be conditioned in humans.

John B. Watson

An American psychologist who founded behaviorism, emphasizing the study of observable behavior and rejecting introspection.