A major focus of the Sarbanes-Oxley Act is to make sure that publicly traded companies accurately present their assets, liabilities, and income in their financial statements.

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The Sarbanes-Oxley Act, passed in 2002, was created to improve transparency and accountability in corporate financial reporting. One of its main provisions is to ensure that publicly traded companies provide accurate and complete financial statements, including their assets, liabilities, and income.

A Major Focus of the Sarbanes-Oxley Act Is to Make