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Why Is the U

Question 18

Multiple Choice

Why is the U.S. Sarbanes-Oxley Act a factor in Canadian business?


A) It applies to the operations of publicly traded U.S. firms (who may have subsidiaries in Canada) .
B) It applies to any Canadian firm whose securities are traded in U.S. markets.
C) It applies to any Canadian firm who is already subject to U.S. reporting requirements.
D) It applies to the operations of publicly traded U.S. firms (who may have subsidiaries in Canada) , and it applies to any Canadian firm who is already subject to U.S. reporting requirements A and C.
E) All of the responses are correct.

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