The Sarbanes-Oxley Act

Multiple Choice

The Sarbanes-Oxley Act:

A) makes the officers of a public corporation personally responsible for the firm's financial statements.
B) requires all corporations to fully disclose its financial dealings to the general public.
C) places the responsibility for a firm's financial statements solely on the chief financial officer.
D) requires that the board of directors be solely responsible for the firm's financial dealings.
E) places total responsibility for the financial statements of a firm on the auditor who certifies the statements.