Fill In The Blanks With Correct Sarbanes�oxley Act Terms Quiz

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1. The ________ Act seeks to improve the reliability and accuracy of financial reporting, as well as increase the accountability of corporate governance, in publicly traded companies.

Explanation

The correct answer is Sarbanes-Oxley Act. This act was passed in 2002 in response to major corporate and accounting scandals. The other three options are also important financial regulations, but they do not specifically focus on improving financial reporting, accountability of governance, and reliability.

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Fill In The Blanks With Correct Sarbanesoxley Act Terms Quiz - Quiz


How Well can you Answer for the Following Sarbanes–Oxley ACT Terms? Answer these quiz based flashcards which are based on the Sarbanes–Oxley ACT Terms and check your knowledge.... see moreLearn key terms, definitions, and much more related to Sarbanes–Oxley ACT Terms with the help of our flashcards quizzes with ease. ? see less

2. The __________ Act of 1966 allows any person to request access to federal agency records or information not determined to be a matter of national security.

Explanation

The correct answer is 'Freedom of Information' because it is the act that specifically grants individuals the right to access federal agency records. The other options do not align with the purpose and scope of the act.

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3. The _______ _______ ______ ______ is the American contribution to an international effort to reduce the impact of copyright, trademark, and privacy infringement, especially when accomplished via the removal of technological copyright protection measures.

Explanation

The Digital Millennium Copyright Act (DMCA) is a United States copyright law that implements two 1996 treaties of the World Intellectual Property Organization (WIPO). The other options, Intellectual Property Safeguard Act (IPSA), Copyright Protection Pact (CPP), and Trademark Enforcement Initiative (TEI) are fictitious and do not exist in reality.

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4. Software license infringement is also often called software ______.

Explanation

Software license infringement is commonly referred to as software piracy because it involves the unauthorized distribution or reproduction of software, similar to the crime of piracy at sea where ships are attacked and looted.

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5. The low overall degree of tolerance for _____ system use may be a function of the easy association between the common crimes of breaking and entering, trespassing, theft, and destruction of property to their computer-related counterparts.

Explanation

The terms 'illicit', 'legitimate', 'authorized', and 'lawful' are often used to describe different types of system use. In this context, the correct answer 'illicit' refers to activities that are illegal or unauthorized, while the incorrect answers 'legitimate', 'authorized', and 'lawful' imply a sense of legality or permission which does not align with the negative connotations of the crimes mentioned.

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6. What is the overriding factor in leveling the ethical perceptions within a small population?

Explanation

Key studies have shown that education plays a critical role in shaping ethical perceptions within a population by promoting critical thinking, reasoning skills, and exposure to diverse perspectives.

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7. Who manages a body of knowledge on information security and administers and evaluates examinations for information security certifications?

Explanation

The correct answer is International Information Systems Security Certification Consortium, Inc. (ISC), commonly known as (ISC)², which is a renowned organization in the field of information security certifications.

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8. Which professional association focuses on auditing, control, and security, with membership comprising both technical and managerial professionals?

Explanation

The correct answer is Information Systems Audit and Control, commonly known as ISACA. ISACA is a global professional association focused on IT governance, security, and audit professionals.

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9. What are rules that mandate or prohibit certain behavior in society?

Explanation

Laws are officially recognized rules that govern society and are enforced by a governing authority. Morals, customs, and etiquette are related concepts, but they are not laws in the same sense.

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10. What are the fixed moral attitudes or customs of a particular group?

Explanation

Cultural mores refer to the fixed moral attitudes or customs of a particular group, while social norms are broader expectations of behavior within a society. Ethical values are personal beliefs about what is right or wrong, and religious doctrines are specific beliefs and practices within a religion.

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11. What is the legal obligation of an entity that extends beyond criminal or contract law?

Explanation

Liability refers to the legal obligation of an entity, such as individuals or companies, for their actions or debts. It goes beyond criminal or contract law and encompasses various areas of law such as tort law.

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12. Family law, commercial law, and labor law are all encompassed by _____ law.

Explanation

Family law, commercial law, and labor law are all areas of law that fall under the category of private law, which deals with relationships between individuals and private entities.

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13. Which Act of 2001 provides law enforcement agencies with broader latitude in order to combat terrorism-related activities?

Explanation

The U.S.A. Patriot Act of 2001 significantly expanded the authority of law enforcement agencies to investigate and prevent terrorism, often raising concerns about civil liberties and privacy rights.

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14. The Electronic Communications Privacy Act of 1986 is a collection of statutes that regulates the interception of wire, electronic, and oral communications.

Explanation

The correct name of the act is the Electronic Communications Privacy Act of 1986, which specifically focuses on the regulation of wire, electronic, and oral communications interception.

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15. The ____ ____ ____ contains a number of provisions focusing on facilitating affiliation among banks, securities firms, and insurance companies.

Explanation

The correct answer refers to a specific set of provisions related to the modernization of financial services, allowing for greater collaboration between different sectors within the industry.

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16. The _______ _______ Act of 1996 attempts to prevent trade secrets from being illegally shared.

Explanation

The Economic Espionage Act of 1996 specifically addresses trade secret theft and aims to protect companies' valuable assets from being unlawfully taken or shared.

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The ________ Act seeks to improve the reliability and accuracy of...
The __________ Act of 1966 allows any person to request access to...
The _______ _______ ______ ______ is the American contribution to an...
Software license infringement is also often called software ______.
The low overall degree of tolerance for _____ system use may be a...
What is the overriding factor in leveling the ethical perceptions...
Who manages a body of knowledge on information security and...
Which professional association focuses on auditing, control, and...
What are rules that mandate or prohibit certain behavior in society?
What are the fixed moral attitudes or customs of a particular group?
What is the legal obligation of an entity that extends beyond criminal...
Family law, commercial law, and labor law are all encompassed by _____...
Which Act of 2001 provides law enforcement agencies with broader...
The Electronic Communications Privacy Act of 1986 is a collection of...
The ____ ____ ____ contains a number of provisions focusing on...
The _______ _______ Act of 1996 attempts to prevent trade secrets from...
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