The Sarbanes Oxley Act Is Intended to Improve Corporate Governance

question 56

True/False

The Sarbanes Oxley Act is intended to improve corporate governance and limit the services accounting firms may provide to their audit clients.

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Definitions:

Supply Chain Information

Data regarding the activities, resources, and management of the flow of goods and services from their origin to the consumer.

CRM

Customer Relationship Management, a strategy for managing an organization's interactions with current and potential customers, often using data analysis about customers' history with a company to improve business relationships.

GPS

The Global Positioning System, a satellite-based navigation system that allows users to determine their precise location (latitude, longitude, and altitude) anywhere on Earth.

RFID

Radio Frequency Identification, a technology used to automatically identify and track tags attached to objects using electromagnetic fields.