Question

Enrico is a CPA for a large company. Recently, he noticed that the company's accounting records significantly overstated the amount of inventory on hand. This led to an overstatement of the assets the company holds. Initially, he brought it to the attention of his supervisor, but when nothing was done to correct the mistake in a timely manner, he decided the best course of action was to report it to the appropriate government official. Although his actions took him outside the company, Enrico was counting on current law, under the ____________, to protect him against company retaliation.a. Cellar-Ketauver Act b. Sherman Act c. Robinson Patman Act d. Sarbanes-Oxley Act

Answer 1

Answer:

d. Sarbanes-Oxley Act

Explanation:

In the case of whistle-blowing, Sarbanes-Oxley Act  offers protection for employees against retaliation from company they work for.The major reason for this protection in the  Sarbanes-Oxley Act is to make sure employees report irregularities in their companies to appropriate without fear of being punished by the employers.

Other acts do not provide relevant section for protection of employees against retaliation in case of whistle-blowing.

So Enrico was counting on current law, under the same  Sarbanes-Oxley Act to protect himself against company retaliation.