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

Question 50

Multiple Choice

Which of the following statements is true of the Sarbanes-Oxley Act?


A) It establishes an independent board to oversee the accounting profession.
B) It establishes a universal,formalist rule forbidding layoffs of all competent employees.
C) It was enacted to reward those who help stop fraud involving government contracts.
D) It was enacted in response to disclosure of widespread bribery by American firms.

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