What Is the Main Purpose of the Sarbanes-Oxley Act of 2002

question 19

Multiple Choice

What is the main purpose of the Sarbanes-Oxley Act of 2002?

• A) To increase the accuracy and reliability of corporate disclosures of financial information.
• B) To ensure that CEOs are adequately compensated for the risks they face in terms of corporate governance.
• C) To amend NAFTA to be more favorable to U.S. interests.
• D) To limit the ability of drug companies to engage in direct-to-consumer advertising.
• E) To limit the ability of the media to obtain confidential corporate information.

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Definitions:

Church

A building used for public Christian worship or the Christian religious organization itself, often associated with a specific denomination or tradition.

Slave Traders

People or companies involved in the buying, transporting, and selling of individuals into slavery, often as part of the Transatlantic Slave Trade.

Slave Families

Family units among the enslaved population, forming bonds and kinships often in the face of oppression and the threat of separation due to sale or punishment.

Trains

Rail vehicles that move along tracks and are used for transporting people or goods over long and short distances.