What Recent Act Has Attempted to Reduce the Possibility of More

question 48

Multiple Choice

What recent act has attempted to reduce the possibility of more accounting scandals in our economy?

• A) Tax Relief Act of 2003
• B) Internal Accounting Standards Act of 2002
• C) McCain-Feingold Act of 2003
• D) Sarbanes-Oxley Act of 2002

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Definitions:

Jean Piaget

A Swiss psychologist known for his pioneering work in the study of child development and his theory of cognitive development.

Milestones

Significant points in development or events marking important stages or achievements in a process.

Dominant Gene

A gene that expresses its phenotype over another gene, the recessive gene, when they are both present in a pair of alleles.

Recessive Gene

A gene that produces its characteristic phenotype only when its allele is identical, otherwise being masked by the effects of a dominant gene.