The Sarbanes-Oxley Act Was Passed by the Public Company Accounting

question 232

True/False

The Sarbanes-Oxley Act was passed by the Public Company Accounting Oversight Board.

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Definitions:

Actual Contracts

Legally binding agreements created by the actions, behavior, or circumstances of the parties involved, rather than by written or spoken words.

Arbitration Agreement

A contract in which parties agree to resolve disputes through arbitration instead of through the court system.

Customer Data

Information collected by businesses about their customers, which may include contact information, buying preferences, and history.

Security Breach

An incident that results in unauthorized access or exposure of private information, potentially leading to identity theft or data loss.