Which of the following is not a provision of the Sarbanes-Oxley Act of 2002?
A)It mandates that executives of publicly traded companies take individual responsibility for the accuracy and completeness of financial reports.
B)It requires executive and financial officers to certify, in writing, the truthfulness of quarterly and annual reports filed with the SEC.
C)It provides for penalties, including fines and jail time, for executives who knowingly alter, destroy, conceal or falsify records.
D)It prohibits managers from giving or taking bribes, even if such acts are part of the normal business practices in another country.
E)All of the above are provisions of the Sarbanes-Oxley Act of 2002.

Question

Quizplus · Accepted Answer

Prohibiting managers from giving or taking bribes is not a provision of the Sarbanes-Oxley Act of 2002. This provision is actually covered by the Foreign Corrupt Practices Act. The other provisions listed in options A, B, and C are all part of the Sarbanes-Oxley Act.

Which of the Following Is Not a Provision of the Sarbanes-Oxley