In 2004, the U.S.federal sentencing guidelines for organizations were revised in an effort to…
A)Reduce the costs of creating and maintaining compliance programs
B)Increase the accountability of boards of directors and top executives
C)Reduce punishments for companies with compliance programs
D)Provide subsidies for organizations to create compliance programs
E)Carve out special protections for banking and financial institutions

Question

Quizplus · Accepted Answer

The revision of the U.S. federal sentencing guidelines for organizations in 2004 aimed to increase the accountability of boards of directors and top executives. This was done by imposing tougher penalties for corporate misconduct and holding individuals responsible for their actions in the organization. The aim was to deter corporate wrongdoing and promote ethical business practices.