Which of the Following Would Be a Legal Consequence of Violating

Multiple Choice

Which of the following would be a legal consequence of violating the Sarbanes-Oxley Act?

A) A company's internal control system could be dismantled and replaced by the Public Company Oversight Board.
B) Internal control staff convicted of lack of independence could be sentenced to 25 years in prison.
C) The Public Company Oversight Board could require that the external auditor replace the internal control staff of a company for 3 to 5 years.
D) An executive of the company that is convicted of making false sworn statements could be sentenced to 20 years in prison.