Management Notes

Reference Notes for Management

The Sarbanes-Oxley Act of 2002 (SOX) was largely a response to:

The Sarbanes-Oxley Act of 2002 (SOX) was largely a response to:

The Sarbanes-Oxley Act of 2002 (SOX) was largely a response to:

  1. a series of corporate and accounting frauds involving Enron, Arthur Andersen, WorldCom, and numerous others.
  2. a dramatic rise in the US trade deficit.
  3. charges of excessive compensation to top corporate executives.
  4. rising complaints by investors and security analysts over the financial accounting for stock options.

Answer: a. a series of corporate and accounting frauds involving Enron, Arthur Andersen, WorldCom, and numerous others.

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