The Purpose of the Sarbanes-Oxley Act of 2002 Is To

question 74

Multiple Choice

The purpose of the Sarbanes-Oxley Act of 2002 is to:

• A) restore public confidence and trust in the financial statements of publicly held companies.
• B) require all companies to prepare financial statements.
• C) protect companies from demands of investors, stockholders, and creditors.
• D) do all of these.

---

Definitions:

Persecutory Delusion

A form of psychotic disorder where the affected person believes they are being persecuted, conspired against, spied on, followed, poisoned, or harassed by other individuals or an organization.

Grandiose

Characterized by an exaggerated belief in one's importance, power, or success, often disconnected from reality.

Referential

Relating to, or denoting the use of a word or expression to refer to something mentioned elsewhere or to a particular object or situation.

Religious

Pertaining to or connected with the practice, beliefs, or organization of a faith or worship system.