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Critics of the Sarbanes-Oxley Act Cite All of the Following

Question 58

Multiple Choice

Critics of the Sarbanes-Oxley Act cite all of the following EXCEPT


A) existing laws could have been enforced to punish fraud.
B) it fails to address the need to provide incentives for institutional investors.
C) it is likely to reduce the liquidity of financial markets.
D) the costs of Sarbanes-Oxley exceed its benefits.

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