A Major Goal of the Sarbanes-Oxley Act Is To

question 69

Multiple Choice

A major goal of the Sarbanes-Oxley Act is to:

• A) increase transparency in the financial reporting of a firm's activities.
• B) require firms to provide common-size balance sheets to shareholders.
• C) lower corporate tax rates.
• D) require U.S. firms to abide by international accounting standards.