Which of the following provide incentives for developing core practices within a firm that could help ensure ethical and legal compliance?
A)Department of Justice and Open Compliance Ethics Group
B)Department of Justice and the Sarbanes-Oxley Act
C)Federal Sentencing Guidelines for Organizations and the Sarbanes-Oxley Act
D)Food and Drug Administration and the Sarbanes-Oxley Act
E)Securities and Exchange Commission and the Sarbanes-Oxley Act

Question

Quizplus · Accepted Answer

The Federal Sentencing Guidelines for Organizations provide incentives for developing core practices within a firm that could help ensure ethical and legal compliance through reduced penalties for organizations that have effective compliance and ethics programs in place. The Sarbanes-Oxley Act also has provisions for establishing internal financial controls and reporting requirements to ensure accurate financial information. Together, these two regulations provide incentives and guidelines for ethical and legal compliance within organizations. The other options listed do not specifically address incentives for developing core practices related to ethical and legal compliance.

Which of the Following Provide Incentives for Developing Core Practices