Solved

What Statement Most Accurately States One of the Results of the Sarbanes-Oxley

Question 143

Multiple Choice

What statement most accurately states one of the results of the Sarbanes-Oxley Act?


A) Top managers and boards of directors are less accountable.
B) More than 500 public companies a year report problems in their accounting systems.
C) It prevented the widespread misconduct of financial institutions, thus preventing financial crisis.
D) It destroyed investor confidence and negatively impacted employee retirement plans.
E) It required large corporations to spend more than $10 billion each year to comply with its provisions.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents