With the enactment of the Sarbanes-Oxley Act of 2002, all public companies are now required by the SEC to disclose whether or not the company has:
A)An audit committee.
B)Human resources guidelines.
C)A code of ethics.
D)A management compensation plan.
E)None of the above.

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 requires public companies to disclose whether or not they have a code of ethics. The act also requires companies to establish codes of ethics for senior financial officers and to make them available to the public. While having an audit committee, human resources guidelines, and a management compensation plan are important for a company's operations, they are not specifically mandated by this act.

With the Enactment of the Sarbanes-Oxley Act of 2002, All