The 2010 Dodd-Frank Act Includes Additional Incentives for Whistleblowers

question 11

Multiple Choice

The 2010 Dodd-Frank Act includes additional incentives for whistleblowers. What is the act's effect on whistleblowing by accountants?

• A) No accountant, internal or external, whether by job title or certification may receive a reward.
• B) All accountants who whistle-blow are protected against retaliation.
• C) Internal auditors who whistle-blow may receive a reward.
• D) A CPA may report a violation of a public accounting firm's performance in an audit.

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Definitions:

Native American Territory

Areas historically set aside within the United States for the use and residence of Native American tribes and nations.

Indentured Servants

Individuals who agreed to work for a specific number of years in exchange for passage to America, room, board, and freedom dues.

Enumerated Goods

Specific goods listed in various laws or treaties for special regulatory or tax purposes.

Navigation Acts

were a series of laws passed by the English Parliament in the 17th century that regulated trade between England and its colonies, primarily intended to strengthen the British economy by restricting colonial trade to English ships.