An outgrowth of the ____ (referenced in Chapter 5)is that companies must account for the expected costs that occur as a result of long-term incentives such as the exercising of stock options.
A) Income Statement
B) Balance Sheet
C) Consolidated statements
D) Sarbanes-Oxley Act

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act requires companies to provide more transparency in financial reporting, including accounting for the costs associated with long-term incentives like stock options.

An Outgrowth of the ____ (Referenced in Chapter 5)is That