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CIPS L5M2 Exam - Topic 5 Question 58 Discussion

Posted by Krystal on Jul 05, 2025 at 06:02 AM

Which of the following is a component of the Sarbanes-Oxley Regulations?

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29 comments · newest first
VE
Velda 11 months ago
C is relevant too, but not a direct part of SOX.
NA
Naomi 11 months ago
Wait, are we sure about that? I thought it was more about financial reporting.
AN
Anastacia 11 months ago
B is also super important for compliance!
NA
Naomi 11 months ago
Totally agree, separation of duties is key!
JE
Jerlene 11 months ago
A is definitely a component of Sarbanes-Oxley.
ST
Stevie 12 months ago
Environmental protection doesn't seem to fit with Sarbanes-Oxley at all, but I can't recall the exact components right now.
CO
Cory 12 months ago
I feel like elimination of bribery is more related to general compliance rather than specifically Sarbanes-Oxley.
MA
Mammie 1 year ago
I remember practicing a question similar to this, and I think ethical business practices were mentioned as part of the regulations.
TR
Tracey 1 year ago
I think separation of duties is definitely a key part of Sarbanes-Oxley, but I'm not entirely sure if it's the only component.
LA
Laticia 1 year ago
I'm a bit confused on this one. I remember learning about Sarbanes-Oxley, but I can't quite recall the specific components. I'll have to review my notes before deciding.
LI
Linsey 1 year ago
Okay, let me see. I know the Sarbanes-Oxley Act was passed to improve financial reporting and accountability, so I'm going to go with A - separation of duties.
CR
Craig 1 year ago
Hmm, I'm not entirely sure about this one. The Sarbanes-Oxley Act covers a lot of different areas, so I'll have to think it through carefully before answering.
BR
Brigette 1 year ago
I'm pretty sure the Sarbanes-Oxley Regulations have to do with corporate governance and financial reporting, so I think the answer is A - separation of duties.
KR
Kristian 1 year ago
Ethical business practices? Isn't that just common sense? Oh wait, I forgot we're talking about Wall Street. My bad.
KE
Keneth 1 year ago
Separation of duties, huh? Sounds like they're trying to keep the accountants and the CEO from cooking the books together. Smart move, I say!
CA
Cassi 1 year ago
D) environmental protection? Really? I don't think that has anything to do with Sarbanes-Oxley. Someone's pulling our leg here!
AI
Aileen 1 year ago
Hmm, I'm not sure. I was thinking C) elimination of bribery, but now I'm second-guessing myself. This is a tough one!
BE
Becky 1 year ago
↳ replying to Aileen
I think B) ethical business practices is also a key component.
VE
Vernice 1 year ago
↳ replying to Aileen
A) separation of duties is definitely a component of Sarbanes-Oxley Regulations.
MA
Mabelle 1 year ago
B) ethical business practices sounds right to me. That's what the whole regulation is about, isn't it?
VE
Veronika 1 year ago
↳ replying to Mabelle
C) Elimination of bribery is important too. It ensures transparency in financial reporting.
BE
Benton 1 year ago
↳ replying to Mabelle
B) Yes, ethical business practices are definitely a big part of Sarbanes-Oxley.
LA
Layla 1 year ago
↳ replying to Mabelle
A) separation of duties is also a key component. It helps prevent fraud.
HO
Howard 1 year ago
I'm not sure, but I think B) ethical business practices could also be a component.
IZ
Izetta 1 year ago
I agree with Hollis, separation of duties is a key component of Sarbanes-Oxley Regulations.
HO
Hollis 1 year ago
I think the answer is A) separation of duties.
AN
Anabel 1 year ago
I think it's definitely A) separation of duties. That's a key component of the Sarbanes-Oxley regulations.
GR
Gregoria 1 year ago
↳ replying to Anabel
I agree, it helps ensure accountability and prevent fraud.
DA
Daniel 1 year ago
↳ replying to Anabel
A) separation of duties is indeed a key component of Sarbanes-Oxley regulations.
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