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:
Verified
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