Which of the Following Reforms Was Introduced in the US

question 32

Multiple Choice

Which of the following reforms was introduced in the US Sarbanes-Oxley Act?

• A)Increased disclosures for executive remuneration.
• B)Whistleblowing protection for all employees and directors.
• C)Requirements to rotate audit partners every 3 years.
• D)Creation of an entity to oversee auditors.

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Definitions:

Net Outflow

The difference between the outflow of funds for foreign investments by citizens and the inflow of foreign funds for domestic investments.

Trade Surplus

A situation where a country's exports exceed its imports over a given time period, reflecting a positive balance of trade.

Domestic Investment

The total capital expenditure within a country on physical assets like buildings, machinery, and technology by individuals, businesses, and the government.

U.S. Net Exports

Represents the value of a country's total exports minus its total imports, indicating whether a country is a net exporter or importer.