LES EXAM 3 (CHAPTER 27: CHOICE OF
BUSINESS ENTITIES AND SOLE
PROPRIETORSHIPS,CHAPTER 28:
PARTNERSHIPS,CHAPTER 29: LIMITED
LIABILITY COMPANIES,CHAPTER 30:
CORPORATIONS, FORMATION, AND
ORGANIZATION,CHAPTER 35: REGULATION
OF CORPORATE GOVERNANCE,CHAPTER 39:
EMPLOYMENT-AT-WILL,CHAPTER 40:
EMPLOYMENT REGULATION AND LABOR
LAW) SCORED A+
The Sarbanes-Oxley Act imposed stricter regulations on how corporations do
business through regulations in each of the following areas except:
a. tax compliance
b. auditing
c. corporate governance
d. financial reporting Answer - a. tax compliance
Rules mandated by Dodd-Frank require companies to disclose their _________
structure in their SEC filings?
,a. all of these choices are correct
b. corporate payout
c. past wrongdoing
d. Answer - a. all of these choices are correct
The Sarbanes's-Oxley Act makes key ________ officers more accountable for
financial reporting by requiring their chief executive officers and chief financial
officers personally certify the accuracy of all required SEC filings.
a. registered
b. corporate
c. local Answer - b. corporate
The Dodd-Frank whistleblower provisions are based on a ______ plan?
a. bounty
b. contemplation
c. lookback
d. clawback Answer - a. bounty
Accounting firms that audit public companies accessing ________ capital
markets are required to register with the Public Company Accounting Oversight
and are subject to its oversight and enforcement authority.
a. australian
b. world-wide
c. european
d. U.S. Answer - b. U.S.
, An important part of the SEC regulatory scheme is the protection of _______
who reports illegal conduct committed by employees, directors, and executives
of the company.
a. manipulative
b. whistleblowers
c. none of these choices are correct Answer - b. whistleblowers
The Dodd-Frank Wall Street Reform and Consumer Protection Act, also known
simply as Dodd-Frank, Congress imposed tighter restrictions on:
a. financial markets
b. public corporations
c. all of these choices are correct Answer - c. all of these choices are correct
The U.S. Supreme Court _________ the lower court's decision and ruled in
favor of Digital Realty.
a. affirmed
b. itemized
c. investigated
d. reversed Answer - d. reversed
Under the Dodd-Frank Act, the whistleblower rewards the range from
_____percent of the recovery.
a. 15-50
b. 5-15
c. 10-30 Answer - c. 10-30
BUSINESS ENTITIES AND SOLE
PROPRIETORSHIPS,CHAPTER 28:
PARTNERSHIPS,CHAPTER 29: LIMITED
LIABILITY COMPANIES,CHAPTER 30:
CORPORATIONS, FORMATION, AND
ORGANIZATION,CHAPTER 35: REGULATION
OF CORPORATE GOVERNANCE,CHAPTER 39:
EMPLOYMENT-AT-WILL,CHAPTER 40:
EMPLOYMENT REGULATION AND LABOR
LAW) SCORED A+
The Sarbanes-Oxley Act imposed stricter regulations on how corporations do
business through regulations in each of the following areas except:
a. tax compliance
b. auditing
c. corporate governance
d. financial reporting Answer - a. tax compliance
Rules mandated by Dodd-Frank require companies to disclose their _________
structure in their SEC filings?
,a. all of these choices are correct
b. corporate payout
c. past wrongdoing
d. Answer - a. all of these choices are correct
The Sarbanes's-Oxley Act makes key ________ officers more accountable for
financial reporting by requiring their chief executive officers and chief financial
officers personally certify the accuracy of all required SEC filings.
a. registered
b. corporate
c. local Answer - b. corporate
The Dodd-Frank whistleblower provisions are based on a ______ plan?
a. bounty
b. contemplation
c. lookback
d. clawback Answer - a. bounty
Accounting firms that audit public companies accessing ________ capital
markets are required to register with the Public Company Accounting Oversight
and are subject to its oversight and enforcement authority.
a. australian
b. world-wide
c. european
d. U.S. Answer - b. U.S.
, An important part of the SEC regulatory scheme is the protection of _______
who reports illegal conduct committed by employees, directors, and executives
of the company.
a. manipulative
b. whistleblowers
c. none of these choices are correct Answer - b. whistleblowers
The Dodd-Frank Wall Street Reform and Consumer Protection Act, also known
simply as Dodd-Frank, Congress imposed tighter restrictions on:
a. financial markets
b. public corporations
c. all of these choices are correct Answer - c. all of these choices are correct
The U.S. Supreme Court _________ the lower court's decision and ruled in
favor of Digital Realty.
a. affirmed
b. itemized
c. investigated
d. reversed Answer - d. reversed
Under the Dodd-Frank Act, the whistleblower rewards the range from
_____percent of the recovery.
a. 15-50
b. 5-15
c. 10-30 Answer - c. 10-30
