What bill was passed by the U.S. government in 2002 to increase the liability of corporate leaders for companies' actions?
A) Sarbanes-Oxley Act
B) Enron Act
C) Risk Management Act
D) Financial Trust Act

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act was passed in 2002 in response to a number of major corporate and accounting scandals, including those affecting Enron, Tyco International, and WorldCom. It aimed to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws, and to increase the accountability of corporate executives.

What Bill Was Passed by the U