Multiple Choice
All of the following are consequences of the Sarbanes-Oxley Act EXCEPT:
A) a decrease in foreign firms listing on U.S.stock exchanges.
B) internal auditing scrutiny has improved and there is greater trust in financial reporting.
C) an increased number of IPOs (initial public offerings) are expected.
D) Section 404 creates excessive costs for firms.
Correct Answer:
Verified
Correct Answer:
Verified
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