The Sarbanes-Oxley Act of 2002 was designed to protect ______ by improving the accuracy and reliability of corporate disclosures, requiring senior managers to certify the accuracy of financial reports, and empowering the Securities and Exchange Commission to develop and enforce rules.
A) The public
B) Suppliers
C) Managers
D) Investors

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 was primarily designed to protect investors by enhancing the accuracy and reliability of corporate disclosures made pursuant to the securities laws, and for other purposes. It aimed to prevent corporate fraud and protect investors from fraudulent financial reporting by companies.

The Sarbanes-Oxley Act of 2002 Was Designed to Protect ______