What is the Sarbanes-Oxley Act?
What will be an ideal response?
Some of the most far-reaching governance reforms in the United States are seen in the Sarbanes-Oxley Act of 2002.
The Sarbanes-Oxley Act was signed into law on July 30, 2002, in response to corporate scandals such as Enron and
Worldcom. Now, all companies are required to file periodic reports with the SEC. Noncompliance comes with
significant penalties. The essential components of Sarbanes-Oxley deal with accounting oversight, auditor
independence, disclosure, analysts' conflicts of interests, accountability for fraud, and attorney's responsibilities.
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For most business presentations, ________ are the medium of choice
A) flip charts B) whiteboards C) electronic slides D) overhead transparencies E) chalkboards
Which of the following identifies the motivation for much of the foreign direct investment by non-U.S. firms?
A. The desire to disperse production activities to optimal locations B. The need to suppress emerging economies such as China, India, and Brazil C. The demand for skilled workers in foreign nations D. The lack of adequate environmental regulations E. The establishment of multinational treaties