The Sarbanes-Oxley Act was passed to help allay consumer fears concerning falsified corporate financial statements.

Name: The Sarbanes-Oxley Act was passed to help allay consumer fears concerning falsified corporate financial statements.
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The Sarbanes-Oxley Act was passed in response to corporate accounting scandals, such as Enron, to increase transparency and accountability in financial reporting and to restore consumer confidence in the accuracy of corporate financial statements.

The Sarbanes-Oxley Act Was Passed to Help Allay Consumer Fears