Which of the Following Was Not a Provision of the Sarbanes-Oxley

question 42

Multiple Choice

Which of the following was not a provision of the Sarbanes-Oxley Act?

• A)It stiffened penalties for corporate fraud.
• B)It created an accounting oversight board that requires corporations to establish codes of ethics for financial reporting.
• C)It required top executives to sign off on their firms' financial statements.
• D)It outlawed bribery of officials in other countries.
• E)It made securities fraud a criminal offense.

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Definitions:

Equilibrium

A state in a market or economy where supply equals demand, and there is no incentive for change under current conditions.

Coconuts

Often used in economic models and examples, referring to a simplistic commodity to illustrate principles of trade, investment, or resource allocation.

Equilibrium

A condition or state in which economic forces such as supply and demand are balanced, resulting in a stable market.

Coconuts

A large tropical fruit with a hard shell, edible white flesh, and clear liquid, often used in food and drink preparations.