A Company Has an "Internal Whistleblower of the Year" Award

question 13

Multiple Choice

A company has an "Internal Whistleblower of the Year" award and intends to announce the employee who won the accompanying $25,000 cash prize at the company's annual employee awards banquet.The company:

• A) May not do so without getting the employee's permission
• B) May not do so, even if it obtains the employee's permission
• C) May do so to encourage others to employees to speak out
• D) May do so based on the "honorary award" exception in the Sarbanes-Oxley Act

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Definitions:

Industry Entry

The act of beginning or entering into a specific market or field of business.

Accounting Profit

The net income for a company after all expenses have been deducted from total revenue, following standard accounting practices.

Total Revenue

Total Revenue refers to the total receipts from sales of goods and services over a given period, calculated as the quantity sold multiplied by the price.

Economic Profit

The gap between the money made from sales and the forgone benefits of the inputs employed.