Which of the Following Statements Is True About the Sarbanes-Oxley

Multiple Choice

Which of the following statements is true about the Sarbanes-Oxley Act of 2002?

A) In case of noncompliance,it limits charges to heavy fines; it does not include prison terms for executives.
B) Organizations spend millions of dollars each year to comply with regulations under the Sarbanes-Oxley Act.
C) It imposes no criminal penalty for corporate governing and accounting lapses.
D) Retaliation against whistle-blowers is not included as a violation under the law.
E) It was passed in response to illegal and unethical behavior by employees toward the management.