Cisco
300-745 · Question #37
Which financial reporting regulatory framework must a publicly traded company doing business in the US comply with?
The correct answer is B. SOX. Publicly traded companies in the United States must comply with the Sarbanes-Oxley Act (SOX). This regulation mandates strict standards for financial reporting, internal controls, and data integrity to protect investors from fraudulent financial practices.
Risk, Events, and Requirements
Question
Which financial reporting regulatory framework must a publicly traded company doing business in the US comply with?
Options
- AHIPAA
- BSOX
- CSOC
- DFEDRAMP
How the community answered
(21 responses)- B86% (18)
- C10% (2)
- D5% (1)
Explanation
Publicly traded companies in the United States must comply with the Sarbanes-Oxley Act (SOX). This regulation mandates strict standards for financial reporting, internal controls, and data integrity to protect investors from fraudulent financial practices.
Topics
#SOX#financial reporting#regulatory compliance#publicly traded
Community Discussion
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