Which of the Following Statements Is True About the Sarbanes-Oxley

Multiple Choice

Which of the following statements is true about the Sarbanes-Oxley Act of 2002?

A) It is very easy on the rules regarding corporate behavior.
B) Organizations are spending millions of dollars each year by complying with regulations under the Sarbanes-Oxley Act.
C) It imposes no penalties for corporate governing and accounting lapses
D) With the regulations introduced, corporate boards need to paying less attention to issues like leadership development and succession planning.
E) The Act has brought down the number of HR executives and individuals with HR expertise.