Due to various fraudulent business practices and accounting coverups in the early 2000s,Congress enacted the Sarbanes-Oxley Act of 2002.The act was responsible for establishing a new oversight board for public accountants called the

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The Sarbanes-Oxley Act of 2002 established the Public Company Accounting Oversight Board to regulate the accounting industry and protect investors from fraudulent practices. Option A and C are incorrect as there are no such boards established by the act. Option D is incorrect as there is a correct choice.

Due to Various Fraudulent Business Practices and Accounting Coverups in the Early