The main recommendations of Sarbanes-Oxley include:

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act, enacted in 2002 in response to major corporate and accounting scandals, includes provisions that require chief executives to personally certify the accuracy of financial statements (A), impose higher standards for audit committee members (B), and prohibit personal loans to executives by their companies (C). It does not eliminate criminal and civil penalties for securities violations; rather, it increases them (D is incorrect).

The Main Recommendations of Sarbanes-Oxley Include