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:

Quantity of Money

The total amount of money in circulation within an economy, including cash, coins, and balances held in checking and savings accounts.

Classical School

An economic theory that emphasizes free markets, the importance of supply and demand in determining prices, and the idea that economies are self-regulating systems.

Supply-Side

Economic policies aimed at increasing production and supply of goods and services, often through tax cuts or deregulation.

Milton Friedman

A prominent economist known for his theories on consumption analysis, monetary history and theory, and the complexity of stabilization policy.