The civil and criminal protections for whistleblowers under Sarbanes-Oxley apply only to employees of publicly traded...
The civil and criminal protections for whistleblowers under Sarbanes-Oxley apply only to employees of publicly traded companies.
Group of answer choices
True
False
Homework Answers
| False | |
| The civil and criminal protections for whistle-blowers under sarbanes oxley apply not only for publicly traded companies but also for private Companies. |
Comment if you face any issues
Add Answer to:
The civil and criminal protections for whistleblowers under
Sarbanes-Oxley apply only to employees of publicly traded...
Which of the following is not a key element of the Sarbanes Oxley Act? Group of...
Which of the following is not a key element of the Sarbanes Oxley Act? Group of answer choices The establishment of the Public Company Accounting Oversight Board Requiring a company’s annual report to contain an internal control report that includes management’s opinion on the effectiveness of internal control Severe criminal penalties for retaliation against “whistleblowers” Requiring that the company’s performance reports are prepared in accordance with generally accepted accounting principles
Question 1 5 pts The Sarbanes-Oxley Act was enacted to reduce the number of unethical business...
Question 1 5 pts The Sarbanes-Oxley Act was enacted to reduce the number of unethical business decisions by requiring the accountability of publicly traded companies. True O False Question 2 5 pts Conduct that is legal is ethically unquestionable. True O False Question 3 5 pts Ethics is a branch of philosophy that focuses on morality. O True False D Question 4 5 pts The effectiveness of an industry code of ethics is partly determined by the commitment of the...
1) Why doesn't Sarbanes-Oxley apply to privately-owned companies? (The correct answer is Not "Because it applies...
1) Why doesn't Sarbanes-Oxley apply to privately-owned companies? (The correct answer is Not "Because it applies only to publicly held companies.") 2) Discuss Sarbanes-Oxley and the Five Elements of Internal Control. Provide a substantive response. Include unique examples and specific illustrations that are unique from your classmates. 3) Why are competent personnel, rotating duties, and mandatory vacations important control procedures? Regardless of the size of your employer, or whether it is publicly or privately held, have these policies been utilized...
18) Sarbanes-Oxley and the Securities and Exchange Commission restrict auditors from providing 18) many consulting services...
18) Sarbanes-Oxley and the Securities and Exchange Commission restrict auditors from providing 18) many consulting services to their publicly traded audit clients. Which of the following is true for auditors of publicly traded companies? I. They are restricted from providing consulting services to privately held companies. Il. There is no restriction on providing consulting services to non-audit clients A) I only B) Il only C) I and II D) Neither I nor 19) Which of the following is an accurate...
3-2 Which of the following does not apply to the audit committee under the Sarbanes-Oxley Act...
3-2 Which of the following does not apply to the audit committee under the Sarbanes-Oxley Act of 2002? a. The audit committee is responsible for hiring, paying, and overseeing the work of the company's external auditors. b. The audit committee is responsible for establishing procedures for receiving and dealing with complaints and anonymous employee tips regarding fraud. c. At least one member of the audit committee is a financial expert. d. The audit committee reports to the external auditórs any...
1. Ethics can be defined as the study of: a. The voluntary exchange of goods or...
1. Ethics can be defined as the study of: a. The voluntary exchange of goods or services. b. What is most beneficial to all of society. c. What harms the economy the least. d. What constitutes right and wrong behavior. 2. The Dodd-Frank Wall Street Reform and Consumer Protection Act was passed in response to Wall Street's ethical lapses and abusive financial services practices. a. True b. False 3. The Sarbanes-Oxley Act was designed to do which of the following...
Bell Manufacturing, Inc. is a publicly traded company that produces consumer goods for sale, primarily to...
Bell Manufacturing, Inc. is a publicly traded company that produces consumer goods for sale, primarily to wholesalers. The company hired your accounting firm, Hogue & Company, more than three years ago under both auditing and consulting engagements to assist with its initial public offering of common stock under the 1933 Securities Act. Hogue & Company is among the 12 largest accounting firms in the United States. It has developed a respectable reputation regarding its ability to help growing companies go...
Bell Manufacturing, Inc. is a publicly traded company that produces consumer goods for sale, primarily to...
Bell Manufacturing, Inc. is a publicly traded company that produces consumer goods for sale, primarily to wholesalers. The company hired your accounting firm, Hogue & Company, more than three years ago under both auditing and consulting engagements to assist with its initial public offering of common stock under the 1933 Securities Act. Hogue & Company is among the 12 largest accounting firms in the United States. It has developed a respectable reputation regarding its ability to help growing companies go...
Which of the following would not require a departure from an unqualified opinion? Question 1 Which...
Which of the following would not require a departure from an
unqualified opinion?
Question 1 Which of the following would not require a departure from an unqualified opinion? Selected Answer: Statement of cash flows not included Answers: Statements are not in conformity with GAAP. Scope limitation. Statement of cash flows not included Related party transactions. Question 2 Which of the following is false regarding materiality and the audit opinion? Selected Answer: The level of materiality is mathematically calculated and therefore...
Please try to answer all questions. Which of the following is false with regards to audit...
Please try to answer all questions.
Which of the following is false with regards to audit responsibility? The auditor of a public company is required to certify the annual financial statements. Auditing standards make no distinction between error or fraud; in either case, the auditor must obtain reasonable assuran misstatement. The auditor's responsibility for illegal acts is the same as for errors and fraud. Reasonable assurance is a high, but not absolute, level of assurance. -> Moving to the next...
Question 1 5 pts The Sarbanes-Oxley Act was enacted to reduce the number of unethical business decisions by requiring the accountability of publicly traded companies. True O False Question 2 5 pts Conduct that is legal is ethically unquestionable. True O False Question 3 5 pts Ethics is a branch of philosophy that focuses on morality. O True False D Question 4 5 pts The effectiveness of an industry code of ethics is partly determined by the commitment of the...
18) Sarbanes-Oxley and the Securities and Exchange Commission restrict auditors from providing 18) many consulting services to their publicly traded audit clients. Which of the following is true for auditors of publicly traded companies? I. They are restricted from providing consulting services to privately held companies. Il. There is no restriction on providing consulting services to non-audit clients A) I only B) Il only C) I and II D) Neither I nor 19) Which of the following is an accurate...
3-2 Which of the following does not apply to the audit committee under the Sarbanes-Oxley Act of 2002? a. The audit committee is responsible for hiring, paying, and overseeing the work of the company's external auditors. b. The audit committee is responsible for establishing procedures for receiving and dealing with complaints and anonymous employee tips regarding fraud. c. At least one member of the audit committee is a financial expert. d. The audit committee reports to the external auditórs any...
1. Ethics can be defined as the study of: a. The voluntary exchange of goods or services. b. What is most beneficial to all of society. c. What harms the economy the least. d. What constitutes right and wrong behavior. 2. The Dodd-Frank Wall Street Reform and Consumer Protection Act was passed in response to Wall Street's ethical lapses and abusive financial services practices. a. True b. False 3. The Sarbanes-Oxley Act was designed to do which of the following...
Which of the following would not require a departure from an
unqualified opinion?
Question 1 Which of the following would not require a departure from an unqualified opinion? Selected Answer: Statement of cash flows not included Answers: Statements are not in conformity with GAAP. Scope limitation. Statement of cash flows not included Related party transactions. Question 2 Which of the following is false regarding materiality and the audit opinion? Selected Answer: The level of materiality is mathematically calculated and therefore...
Please try to answer all questions.
Which of the following is false with regards to audit responsibility? The auditor of a public company is required to certify the annual financial statements. Auditing standards make no distinction between error or fraud; in either case, the auditor must obtain reasonable assuran misstatement. The auditor's responsibility for illegal acts is the same as for errors and fraud. Reasonable assurance is a high, but not absolute, level of assurance. -> Moving to the next...
Most questions answered within 3 hours.
-
Please explain steps:
An 80 kg swimmer steps off a platform 10 m above the water...
asked 10 minutes ago -
A lottery exists where balls numbered 1 to 17 are placed in an
urn. To win,...
asked 13 minutes ago -
26) Briefly describe, using words or simple diagrams, the
chemiosmotic theory for coupling oxidation to phosphorylation...
asked 2 hours ago -
Suppose that XX is a random variable with mean 16 and standard
deviation 5 . Also...
asked 2 hours ago -
Calculate the number density of argon gas at a temperature of
24C and a pressure of...
asked 6 hours ago -
Alternative
Classification
How to Estimate
Probabilities from Data? ( For continuous Attributes)
And How to generate...
asked 6 hours ago -
An explosion breaks a 20.0-kg object into three parts. The
object is initially moving at a...
asked 7 hours ago -
Calculate the approximate number of residues of Rubisco, which
is involved in carbon fixation in plants,...
asked 8 hours ago -
Other decisions about scientific claims can have a much broader
impact.ENERGYarrow-10x10.png, environment, health, security - all...
asked 8 hours ago -
I need to write a research paper and work cited about this
topic: The United States...
asked 9 hours ago -
Hello! I was wondering if I could have some help?
If the vapor pressure of carvone...
asked 9 hours ago -
An economist wants to estimate the mean per capita income (in
thousands of dollars) for a...
asked 10 hours ago