Which of the following is applicable to a publicly held company concerned about information handling and storage requirement specific to the financial reporting?

The correct answer is C. Sarbanes-Oxley (SOX) Act of 2002. The Sarbanes-Oxley (SOX) Act of 2002 is applicable to a publicly held company concerned about information handling and storage requirements specific to the financial reporting. SOX is a federal law that aims to protect investors from fraudulent accounting activities by corporatio

Submitted by ricky.ec· Mar 5, 2026Security and Risk Management

Question

Options

APrivacy Act of 1974
BClinger-Cohan Act of 1996
CSarbanes-Oxley (SOX) Act of 2002
DInternational Organization for Standardization (ISO) 27001

How the community answered

(39 responses)

A
3% (1)
B
3% (1)
C
87% (34)
D
8% (3)

Explanation

The Sarbanes-Oxley (SOX) Act of 2002 is applicable to a publicly held company concerned about information handling and storage requirements specific to the financial reporting. SOX is a federal law that aims to protect investors from fraudulent accounting activities by corporations. SOX requires public companies to establish and maintain internal controls over their financial reporting processes, and to have their financial statements audited by an independent auditor. SOX also mandates that public companies retain their financial records and related audit documents for at least five years, and that they implement proper security measures to protect the confidentiality, integrity, and availability of their financial information.

Topics

#regulatory compliance#SOX#financial reporting#data handling laws

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