Multiple Choice
The Sarbanes-Oxley Act of 2002 was enacted as a result of:
A) high ethical standards passed down by leaders of the Big 4 accounting firms.
B) corporate accounting scandals that left investors with little confidence in corporate financial reporting.
C) auditors being bribed to provide a clean audit report for corporations.
D) Congress needing to pass a bill in an election year.
Correct Answer:
Verified
Correct Answer:
Verified
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