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

Multiple Choice

Which of the following is not a provision of the Sarbanes-Oxley Act?

A) Executives can avoid penalties for fraud by declaring personal bankruptcy.
B) Stiffer penalties for fraud in terms of monetary fines and jail time.
C) Public companies must adopt a code of ethics for senior financial officers.
D) Management must issue a report that indicates whether internal controls are effective at preventing errors and frauD.Executives cannot avoid monetary penalties by declaring personal bankruptcy.