Solved

What Does the Sarbanes-Oxley Act, Passed in 2002, Require of Companies

Question 30

Multiple Choice

What does the Sarbanes-Oxley Act, passed in 2002, require of companies?


A) To choose more independent boards of directors
B) To use a looser set of accounting rules
C) To keep two sets of books, one public and one private
D) To have someone other than managers sign off on financial results
E) To pay executives large annual bonuses

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents