Due to Various Fraudulent Business Practices and Accounting Coverups in the Early

question 5

Multiple Choice

Due to various fraudulent business practices and accounting coverups in the early 2000s,Congress enacted the Sarbanes-Oxley Act of 2002.The act was responsible for establishing a new oversight board for public accountants called the

• A)Generally Accepted Accounting Practices for Public Accountants Board.
• B)Public Company Accounting Oversight Board.
• C)Congressional Accounting Oversight Board.
• D)None are correct.

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Definitions:

Intrapersonal Intelligence

The capacity to understand oneself, including one's thoughts and emotions, and use such knowledge effectively in life.

Divergent Thinking

A mental approach or technique for producing imaginative solutions by investigating numerous potential answers.

Problem Solving

The process of identifying a challenge and finding an effective solution for it.

Systematically Eliminating

The process of gradually removing elements or factors to identify the root cause of an issue or to simplify a system.