With respect to whistleblowing, the Sarbanes-Oxley Act:

a. Protects employees of publicly traded companies who provide evidence in fraud cases

b. Confers legal protection on managers who reported wrongdoing by top executives

c. Protects auditors who blow the whistle to the SEC

d. Confers legal protection on the board of directors for fraudulent actions by management

Question

Adelaide

Social Studies

17 April, 11:42

With respect to whistleblowing, the Sarbanes-Oxley Act:

a. Protects employees of publicly traded companies who provide evidence in fraud cases

b. Confers legal protection on managers who reported wrongdoing by top executives

c. Protects auditors who blow the whistle to the SEC

d. Confers legal protection on the board of directors for fraudulent actions by management

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Answers (1)

Know the Answer?

Ronan Callahan · Answer 1

a. Protects employees of publicly traded companies who provide evidence in fraud cases.

Explanation:

The Sarbanes-Oxley Act of 2002 is a U. S federal law, which is mainly about public companies and their reliability. Thus, the section 806 of this Act, known as the whistleblower-protection provision, is about protecting and employee against reprisal in fraud cases.