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

Multiple Choice

• To defraud shareholders of a publicly traded company is considered a misdemeanor.

• It covers civil and criminal reforms that expand the accountability of corporate officers but does not include accounting reforms.

• It states that there should be procedures to ensure legal protection for whistleblowers.

• It states that chief executive officers and chief financial officers cannot be held liable for any misconduct.