The Sarbanes-Oxley Act of 2002 Established Requirements for ________

Multiple Choice

The Sarbanes-Oxley Act of 2002 established requirements for ________. Noncompliance can result in penalties of

A) proper financial record keeping for private companies; as much as 20 years in prison.
B) proper financial record keeping for government organizations; as much as 25 years in prison.
C) codes of ethics guidelines for organizations; as much as $2 million.
D) proper financial record keeping for public companies; as much as 25 years in prison.
E) all corporate financial records to be made public; as much as $5 million.