Which of the following is true of the Sarbanes-Oxley Act (SOX)?

Question

Quizplus · Accepted Answer

SOX includes whistleblower protection for employees who report evidence of fraud, which encourages transparency and accountability in corporate governance. Option A is incorrect because SOX created the Public Company Accounting Oversight Board. Option C is incorrect because a CEO is required to sign the company's federal income tax return under SOX, but must also certify that the return is accurate based on their knowledge, information, and belief. Option D is incorrect because SOX does not consider whistleblowing a white-collar crime, but instead provides legal protections for individuals who report fraud.

Which of the Following Is True of the Sarbanes-Oxley Act