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The Purpose of the Sarbanes-Oxley Act Was to

Question 8

Multiple Choice

The purpose of the Sarbanes-Oxley Act was to


A) require firms to be more rigorous in their accounting and reporting practices.
B) define generally accepted accounting principles.
C) eliminate accounting firms from having to hire accountants that are certified.
D) force accounting firms to combine their consulting and auditing businesses.
E) establish standards and testing procedures for becoming a CPA.

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