The Sarbanes Oxley Act of 2002 Requires an Effective Internal

question 42

Multiple Choice

The Sarbanes Oxley Act of 2002 requires an effective internal control system for publicly owned firms.Therefore,with regards to strategic investment decisions,it is important that management consider including

• A)internal audits of strategic decisions.
• B)a code of ethics.
• C)a system of preparing and reporting on investment decision.
• D)All of these.

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Definitions:

Enslaved Women

Women who were subjected to slavery, deprived of personal freedom and forced to perform labor or services against their will, historically and across various cultures.

Large Plantations

Extensive farms in the pre-Civil War South, often where enslaved people were forced to work.

Slave Hiring

A system wherein slaveowners leased out their slaves to work for others, typically for a specified period, with wages paid to the owner rather than the slave.

Southern Mores

Traditional customs, practices, and values specific to the Southern United States, often associated with hospitality and conservatism.