The Sarbanes-Oxley Act of 2002 was enacted to provide a new set of standards of accountability for ________
A) corporate officers
B) boards of directors
C) shareholders
D) business owners
E) limited liability partners
B
Explanation: B) To prevent scandals such as those of Enron, WorldCom and Tyco from occurring, accountability was placed on the board of directors. If the members of a board of directors ignore their responsibilities, they incur the risk of fines and even prison sentences.
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Which of the following statements is true?
A) The complexity of a warehouse operation will depend on the number of SKUs handled, the quantities of each SKU and the number of orders received and filled. B) Most of the activity in a warehouse is material handling. C) A and B are both true. D) Neither A nor B are true.
OSHA inspectors are planning a surprise inspection at a steel mill. Which of the following is most likely true?
A) The steel mill management has the right to demand a search warrant. B) The employer must prevent inspectors from entering the building according to federal law. C) Surprise inspections are illegal except in cases of "imminent danger" in the workplace. D) The inspectors will not have the right to question employers or employees.