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:

Detecting Lies

The process of identifying instances of deception through various means, including verbal and non-verbal cues, and technological aids.

Deception

The practice of deceiving someone through the presentation of incorrect data or by hiding the facts.

Polygraph

A device, commonly referred to as a lie detector, that measures and records several physiological indicators such as blood pressure, pulse, respiration, and skin conductivity while the subject is asked and answers a series of questions.

Mood

A temporary state of mind or feeling that can influence perception, behavior, and overall emotional state.