In the context of business ethics and the law, which of the following statements is true regarding the Sarbanes-Oxley Act?
A) It was passed by the Congress in 1992 to improve investor confidence.
B) It requires companies to strictly adhere to a policy of sustainable development.
C) It was passed by the Congress in response to a series of corporate scandals.
D) It requires organizations to have more company insiders as members of the board of directors.
E) It prohibits senior managers from personally signing off on financial results.
Correct Answer:
Verified
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