Question: What does the Sarbanes - Oxley Act include? ( all that apply ) Multiple correct question Decrease fine and or prison sentence for individual who

What does the Sarbanes-Oxley Act include? (all that apply)
Multiple correct question
Decrease fine and or prison sentence for individual who try to defraud investors
Officer of the company have to sign the financial statements, which make them personally accountable
Companies must report the main balance sheet transactions on their reports
Companies must present descriptions of their internal controls

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

After reading the following listed articles on SOX reporting for this week, provide a critique of SOX. In your opinion, do the benefits of SOX outweigh its Cost? Legislated Ethics: From Enron to...

Q:

In December 1995, the flamboyant entrepreneur Michael "Mickey" Monus, formerly president and chief operating officer (COO) of the deep-discount retail chain PharMor, Inc., was sentenced to 19 years...

Q:

Discuss how the respective organizations' relations with stakeholders could have potentially been affected by the events that took place at Enron and how the situation could have been dealt with...

Q:

Use case CASE 1.9 ZZZZ Best Company, Inc. On May 19, 1987, a short article in the Wall Street Journal reported that ZZZZ Best Company, Inc., of Reseda, California, had signed a contract for a $13.8...

Q:

Question 5/ (2 points) Listen A crime in which the behavior is criminal for both juveniles and adults to engage in is referred to as a _ in the juvenile justice system. O crime C status offense O...

Q:

1) The law assures only corporations, not persons, certain rights and assigns them certain duties. true false 2) An offense against the public at large is called a tort. true false 3) A crime is an...

Q:

A coach receiving a bribe to admit an athlete who would otherwise not be admitted may be guilty of all of the following. except Multiple Choice sexual harassment a criminal act a conflict of interest...

Q:

Part 5 section 2 management assertions matching questions 1-8 I ' I Name p(\\V)v\\ C:V\\ L SO LLrrt:o10 5:30 Class FORM A Part 1 Multiple Choice (152 Points) AF 470 Financial Auditing Midterm Exam...

Q:

Please answer the question that is in the attachment. there is 25 multiple choices ? Multiple Choice-4 Points Each Please select the correct response and reflect it on a Word Document. Submit a Word...

Q:

Please answer the question that is in the attachment. there is 25 multiple choices ? Multiple Choice-4 Points Each Please select the correct response and reflect it on a Word Document. Submit a Word...

Q:

Lecimore Company has a centralized purchasing department that is managed by Joan Jones. Jones has established policies and procedures to guide the clerical staff and purchasing agents in the...

Q:

If all you know about a man is that his neighbors think he is crazy, you do not know whether a contract he entered into was valid, voidable, or void. Why not?

Q:

In january 1 9 9 5 , Randall, then 5 7 , sold his principal residence in Seamle and took advantage of the once - in - a - ifetime exchurion avalable to homeowners under the irbernal Revenve Code. In...

Q:

The first scenario will be a Verbal Judo scenario in which your scenario follows the standard Verbal Judo interaction: You need to ask somebody to modify their behavior either to do something or to...

Q:

What is the difference between an HMO and a PPO? Which one do you prefer? Research the Internet to find one HMO and one PPO.

Q:

Why is there a physician shortage? What strategies can you suggest for rectifying this employment issue?

Q:

What is a hospitalist? Do you think a hospitalist has a significant role in health care? Why or why not?