What Action Did the U

question 42

Multiple Choice

What action did the U.S.Congress take because of the audit failures at Enron,WorldCom and other companies?

• A)Required publicly-traded companies to be audited by a government agency
• B)Passed the Sarbanes-Oxley Act
• C)Required companies to begin preparing an additional financial statement
• D)Passed an amendment to the Securities and Exchange Act

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Definitions:

Political Movement

A social group that operates within the political sphere with the goal of implementing changes in policy, social norms, or political structures.

Universal Negro Improvement Association

A Black nationalist fraternal organization founded in 1914, aiming to promote African communities globally.

Marcus Garvey

A Jamaican political leader, publisher, journalist, entrepreneur, and orator who was a staunch proponent of the Black nationalism and Pan-Africanism movements.

New Technologies

Emerging tools, systems, or innovations that significantly alter the business, societal, or personal landscapes, driving progress and sometimes disrupting established practices.