Why was the Sarbanes-Oxley Act of 2002 created?
A) in response to financial scandals
B) as a result of environmental disasters
C) in response to widespread Internet fraud
D) because of a need for more e-discovery regulation

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 was created in response to financial scandals such as Enron and WorldCom, and aimed to improve corporate governance and increase the accuracy of financial reporting.

Why Was the Sarbanes-Oxley Act of 2002 Created