After the Sarbanes-Oxley Act was signed by the president, auditors and accountants can be imprisoned for up to ____ years for destroying financial documents and willful violations of the securities laws.
A) fifty
B) thirty
C) twenty
D) ten
E) five

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act, enacted in response to major corporate and accounting scandals, includes provisions for up to twenty years of imprisonment for the destruction of financial documents and willful violations of securities laws, aiming to enhance corporate accountability.

After the Sarbanes-Oxley Act Was Signed by the President, Auditors