The Penalties for Violating the Provisions of the Sarbanes-Oxley Act

question 226

Multiple Choice

The penalties for violating the provisions of the Sarbanes-Oxley Act are

• A) nothing, this is an act which favours management.
• B) jail time and personal fines.
• C) forgoing a yearly bonus.
• D) loss of perks usually offered to management.
• E) not as strict as they initially were.

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Definitions:

Smokestack Industries

Sectors typically characterized by heavy manufacturing and industrial activity, often associated with high levels of pollution and traditionally rooted in the manufacturing era.

Exodus

The mass departure of people, often from a country or region, due to various reasons such as war, disaster, or persecution.

Welfare Dependency

describes a situation where individuals or families continually rely on government benefits for their basic needs over an extended period, often leading to a cycle of poverty.

In-Kind Help

Non-monetary assistance provided in the form of goods or services, such as food, housing, or medical aid, rather than cash.