All of the Following Statements Are True About the Sarbanes-Oxley

question 100

Multiple Choice

All of the following statements are true about the Sarbanes-Oxley Act except

• A)it applies to publicly traded companies.
• B)it shields chief executives from criminal penalties.
• C)it orders the SEC to draw up certain rules.
• D)its primary goal is to regulate financial reporting and the accounting profession.