The Sarbanes-Oxley Act of 2002 established requirements for ________. Noncompliance can result in penalties of
A) proper financial record keeping for private companies; as much as 20 years in prison.
B) proper financial record keeping for government organizations; as much as 25 years in prison.
C) codes of ethics guidelines for organizations; as much as $2 million.
D) proper financial record keeping for public companies; as much as 25 years in prison.
E) all corporate financial records to be made public; as much as $5 million.
Correct Answer:
Verified
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