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Question 15 1 pts Under Title IV, what is the change in the reporting days for senior management and directors when they have a change in securities ownership? e From 2 to 10 days From 10 to 2 days. From 10 to 15 days. From 15 to 10 days. Question 19 1 pts Crimes covered under SOX have penalties that are raised from 5 to 20 years in prison. What types of crimes are these called? e Blue Collar. White Collar. Racateering. Associative. Question 22 1 pts According to the Sentencing Reform Act of 1984, how are judges to determine the sentence for the guilty? On a point system. o Based upon the monetary damaged caused to O investors Based upon previous cases sentences. o A panel of 3 judges decide the sentences. o Question 25 1 pts According to COSO's second report, Internal Control -Integrated Framework", what is the definition of internal control? O A specific set of internal standards that whern subordinate managers hold their workers up to will make the corporation run more efficiently O ASEC based initiative that is inspected and signed by the CEO and CFO. Five Elements that are written into corporate language and part of the employee handbook. A process, affected by an entity's board of directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives. Question 26 1pts What does good enterprise risk management do? o Helps management achieve its objectives relating to financial reporting objectives and legal compliance. o Helps the SECidentify high fraud potential organizations Eliminates risk to investors by forcing corporations to maintain a fraud liability sinking fund. Assists industry analysts with a risk management reports