Question 29 of 40

2.5 Points

• 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.Confers legal protection on the board of directors for fraudulent actions by management
• D.Protects auditors who blow the whistle to the SEC

Question 30 of 40

2.5 Points

• The 2010 Dodd-Frank Act includes additional incentives for whistleblowers. What is the act's effect on whistleblowing by accountants?
• A.No accountant, internal or external, whether by job title or certification may receive a reward.
• B.All accountants who whistle-blow are protected against retaliation, but may not receive a reward.
• C.Internal auditors who whistle-blow may not receive a reward.
• D.A CPA may report a violation of a public accounting firm's performance in an audit.