The Sarbanes-Oxley Act Has Failed to Stimulate Information System Changes

question 36

True/False

The Sarbanes-Oxley Act has failed to stimulate information system changes to conform to new corporate financial reporting rules.

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Definitions:

Open Systems

Organizations or entities that interact with their environment, exchanging resources, information, and influences.

Resource Dependence

Refers to a situation where organizations depend on external resources to operate, affecting their behavior and strategies in the marketplace.

Environmental Uncertainty

The degree of unpredictability in an organization's external environment that affects its decision-making and performance strategies.

Cause-and-Effect Relationships

The principle that everything has a cause that produces an effect, typically used to understand and predict phenomena in various fields.