Which law or regulation requires companies to evaluate their systems of internal controls to prevent and detect fraud?

Name: Which law or regulation requires companies to evaluate their systems of internal controls to prevent and detect fraud?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act (SOX) requires companies to evaluate their systems of internal controls to prevent and detect fraud, aiming to protect investors by improving the accuracy and reliability of corporate disclosures.

Which Law or Regulation Requires Companies to Evaluate Their Systems