An act passed in response to the wave of corporate accounting scandals is the
A)Sorbine-Oxide Act.
B)Sardonic-Oxone Act.
C)Saxon-Ordanly Act.
D)Sarbanes-Oxley Act.

Question

Quizplus · Accepted Answer

The act passed in response to the wave of corporate accounting scandals is the Sarbanes-Oxley Act, also known as the Public Company Accounting Reform and Investor Protection Act of 2002. This act was named after its co-sponsors, Senator Paul Sarbanes and Representative Michael Oxley, and aimed to increase transparency and accountability in corporate financial reporting.

An Act Passed in Response to the Wave of Corporate