Solved

Congress Passed This Federal Law for the Purpose of Preventing

Question 29

Multiple Choice

Congress passed this federal law for the purpose of preventing financial statement fraud,to make financial reports more transparent and to strengthen the internal control of public companies.


A) Foreign Corrupt Practices Act of 1977
B) The Securities Exchange Act of 1934
C) The Sarbanes-Oxley Act of 2002
D) The Securities Exchange Act of 1933

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q24: The COSO ERM contains all five of

Q25: Internal controls are often segregated into<br>A)detective controls

Q26: A store policy that allows retail clerks

Q27: An accounting policy that requires a purchasing

Q28: Personnel policies such as background checks,mandatory vacations,and

Q30: Duplicate checking of calculations and preparing bank

Q31: A control procedure designed so that the

Q32: _ remains after management implements internal control(s).<br>A)Inherent

Q33: How is expected loss calculated when performing

Q34: The amount of risk a company is