The Sarbanes-Oxley Act Applies to Which of the Following Companies

question 34

Multiple Choice

The Sarbanes-Oxley Act applies to which of the following companies?

• A)All companies
• B)Privately held companies
• C)Public companies
• D)All public companies and privately held companies with assets greater than $500 million

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Definitions:

Target Company

A business entity identified as a potential acquisition or partnership candidate by another company or investor.

Verbal Pauses

Breaks in speech that are often used to gather thoughts or to emphasize a point.

Personal Information

Data relating to an individual, including details such as name, address, and contact information, that can be used to identify them.

Position

A standpoint or perspective adopted by an individual or group, often influenced by opinions or beliefs on a particular issue.