The Sarbanes-Oxley Act significantly enhanced criminal penalties for crimes involving the destruction or alteration of corporate audit records.

Question

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The Sarbanes-Oxley Act, also known as the Public Company Accounting Reform and Investor Protection Act, introduced strict regulations and penalties for corporate accounting and financial practices. One of the key provisions of the act was to enhance criminal penalties for crimes involving the destruction or alteration of corporate audit records, in order to prevent financial fraud and protect investors.

The Sarbanes-Oxley Act Significantly Enhanced Criminal Penalties for Crimes Involving