The Sarbanes-Oxley Act of 2002 came,in part,as a result of
A)the Enron scandal
B)the WorldCom scandal
C)the Target scandal
D)the Enron and WorldCom scandals

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 was enacted in response to the accounting scandals at Enron and WorldCom, among other financial scandals that occurred in the early 2000s. The act established new or expanded requirements for public company boards, management, and public accounting firms, including provisions related to corporate responsibility, internal controls, and financial reporting.

The Sarbanes-Oxley Act of 2002 Came,in Part,as a Result of