Companies are required to set up confidential systems so that employees and others can "raise red flags" about suspected illegal or unethical auditing and accounting practices.

Question

Quizplus · Accepted Answer

This statement is true, as per the provisions of the Sarbanes-Oxley Act, publicly traded companies in the US are required to establish confidential reporting systems for suspected illegal or unethical auditing and accounting practices.

Companies Are Required to Set Up Confidential Systems So That