The ____ law increases penalties for accounting fraud and makes conviction of securities fraud a felony with a stiff prison term.
A) Enron-Arthur Andersen
B) Bush-Cheney
C) Civil Rights
D) Sarbanes-Oxley
E) Political advocacy

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley law increased penalties for accounting fraud and made securities fraud a felony with a stiff prison term. This law was passed in response to accounting scandals such as Enron and Arthur Andersen, and it aimed to increase transparency and accountability in corporate governance. The other answer choices (B, C, and E) are unrelated to this specific law.

The ____ Law Increases Penalties for Accounting Fraud and Makes