« previous next »

Author Question: Which of the following is NOT required by the Sarbanes-Oxley Act? A) Publicly traded firms must ... (Read 110 times)

Evvie72

  • Hero Member
  • *****
  • Posts: 519
on: Jul 7, 2018
Which of the following is NOT required by the Sarbanes-Oxley Act?
 
  A) Publicly traded firms must disclose whether they have a code of ethics for top executives.
  B) Publicly traded firms must not discharge employees who report ethical abuses.
  C) Bank-holding companies and SEC reporting banks must have codes of ethics.
  D) Corporations must not provide financial loans to executives or directors.

Question 2

According to the Sarbanes-Oxley Act, any SEC reporting bank that does not have a code of ethics must ________.
 
  A) submit a report to Congress
  B) provide an explanation
  C) pay a significant fine
  D) develop an ethics code


Eazy416

  • Sr. Member
  • ****
  • Posts: 360
Reply #1 on: Jul 7, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Forages, such as hay, are required by all horses Forages, such as hay, are required by all horses
A strike by 800 women shoemakers in Lynn, Massachusetts, in 1860. In 1851 a Lynn shoemaker had adapt A strike by 800 women shoemakers in Lynn, Massachusetts, in 1860. In 1851 a Lynn shoemaker had adapt
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
High school science classes are required to use deductive logic High school science classes are required to use deductive logic
How much heat energy in Joules is required to heat 16.0 g of copper from 23.0 °C How much heat energy in Joules is required to heat 16.0 g of copper from 23.0 °C
How many grams of NO are required to produce 145 g of N2 in the following reaction? 4NH3 + 6NO ... How many grams of NO are required to produce 145 g of N2 in the following reaction? 4NH3 + 6NO ...
Video: Fermentation pathways

For a complete list of videos, visit our video library