The Sarbanes-Oxley Act of 2002 makes it easier for corporate executives to be tried and sentenced to jail for _____.
A) sexual harassment
B) nepotism
C) financial misconduct
D) biodata fraud
E) misuse of organizational facilities

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 was enacted in response to the financial scandals of Enron, WorldCom, and others. The act strengthened corporate accountability by imposing strict reporting requirements, creating penalties for executives who engage in financial misconduct, and establishing the Public Company Accounting Oversight Board. The act makes it easier for corporate executives to be tried and sentenced to jail for financial misconduct.

The Sarbanes-Oxley Act of 2002 Makes It Easier for Corporate