Which of the Following Statements Concerning the Sarbanes-Oxley Act of 2002

question 17

Multiple Choice

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

• A)It strengthened the SEC's ability to prosecute companies that presented misleading accounting data to the public.
• B)It cracked down on insider trading.
• C)It established rules for IPOs so average investors would not be at a disadvantage.
• D)It strengthened the standards for companies which plan to go public.

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Definitions:

Trichomoniasis

A sexually transmitted infection caused by the parasite Trichomonas vaginalis.

Protozoa

A diverse group of single-celled, eukaryotic organisms, often free-living or parasitic, that can cause diseases such as malaria and giardiasis.

Fungus

A member of a large group of eukaryotic organisms that includes microorganisms such as yeasts, molds, and mushrooms, some of which can cause infections or be used beneficially.

Hydrocele

A fluid-filled sac surrounding a testicle, resulting in swelling of the scrotum.