Which of the following is not a provision of the Sarbanes-Oxley Act?
A)Strengthens penalties for corporate fraud
B)Discourages the creation of ethical and legal compliance programs
C)Requires codes of ethics for financial reporting in corporations
D)Makes fraudulent financial reporting a criminal offense
E)Requires greater transparency in financial reporting

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act actually encourages the creation of ethical and legal compliance programs as part of its effort to prevent corporate fraud and promote transparency in financial reporting.

Which of the Following Is Not a Provision of the Sarbanes-Oxley