Which of the Following Statements About the Sarbanes-Oxley Act of 2002

question 24

Multiple Choice

Which of the following statements about the Sarbanes-Oxley Act of 2002 is/are true?

• A) The Sarbanes-Oxley Act created the Public Company Accounting Oversight Board and set a new audit-reporting standard.
• B) The Sarbanes-Oxley Act created the mechanism for governmental supervision of the liquidation of Enron and Arthur Andersen.
• C) The Sarbanes-Oxley Act makes it easier for corporate executives to be tried and sentenced to jail for financial misconduct.
• D) a and b
• E) a and c

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Definitions:

Indispensable

Absolutely necessary or essential.

Normal Growth

The typical progression of physical development in an individual or organism, often measured against standardized benchmarks.

Strength of Emotions

The intensity or power of one's emotional responses or feelings.