What argument can be made that SOX may not be effective in reducing fraud?
A) It is not as stringent as international standards
B) The SEC has many laws for many years that have not seemed to make much of a difference
C) The penalties under Sarbanes-Oxley are especially stringent, so it may not be enforced
D) Civil and criminal penalties are not effective in preventing financial fraud
Correct Answer:
Verified
Q42: The problem of a compliance approach in
Q43: Under section 302 of the SOX the
Q44: The name of the term used to
Q45: Which term means a person knew or
Q46: The section of SOX that requires management
Q48: A defendant is liable for injuries when
Q49: Which term refers to a person acting
Q50: A payment made to induce a foreign
Q51: The term "true and fair view" tends
Q52: A payment made to foreign government officials
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