What Act Was Passed in 2002 in Response to the Rogue

question 37

Short Answer

What act was passed in 2002 in response to the rogue accounting activities of major global corporations such as Enron, Worldcom and their accounting firm Arthur Andersen?

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Definitions:

Processes

Structured sets of activities or tasks that, when executed in sequence, achieve a specific outcome or goal.

Push

A type of supply chain management strategy where production is based on forecasted demand, pushing products onto the market regardless of current demand levels.

Pull

A supply chain management strategy where production is based on customer demand rather than forecasting.

Supply Chain Processes

The series of steps involved in producing and distributing goods, from raw materials to the delivery of finished products to consumers.