« previous next »

Author Question: Which of the following is NOT required by the Sarbanes-Oxley Act? A) Publicly traded firms must ... (Read 76 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?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Brumbies on the Chandler River, Oxley Wild Rivers National Park. Brumbies on the Chandler River, Oxley Wild Rivers National Park.
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
Becoming a Certified Medical Assistant may demonstrate your commitment to the profession and the con Becoming a Certified Medical Assistant may demonstrate your commitment to the profession and the con
Which aspect of executive functioning is required to play the game of “Simon Says,” in which ... Which aspect of executive functioning is required to play the game of “Simon Says,” in which ...
Conditions Required for Bacterial Growth Conditions Required for Bacterial Growth
Economic objectives of firms Economic objectives of firms
Video: Decubitus Ulcer

For a complete list of videos, visit our video library