The 2002 Sarbanes-Oxley Act Was Designed to ________

question 196

Multiple Choice

The 2002 Sarbanes-Oxley Act was designed to ________.

• A) limit the compensation that could be paid to corporate CEOs
• B) eliminate the many disclosure and conflict-of-interest problems of corporations
• C) provide uniform international accounting standards
• D) provide the guidelines to minimize the tax

---

Definitions:

Political Suicide

Actions or decisions by a politician that are likely to seriously harm their own career or reputation.

Gasoline Consumption

This term measures the amount of gasoline used by vehicles within a certain area or by a country over a specified time period.

Federal Gasoline Tax

A tax imposed by the federal government on the sale of gasoline, primarily used to fund highway and mass transit projects.

Shipping Costs

These are expenses associated with the transportation of goods from one location to another, influenced by factors like distance, fuel prices, and shipping method.