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CTP · Question #194

(Topic 2) As a result of the Sarbanes-Oxley Act, what new entity was established to sanction firms and individuals for audit violations?

The correct answer is C. The Public Company Accounting Oversight Board. See the full explanation below for the reasoning.

Question

  • (Topic 2)

As a result of the Sarbanes-Oxley Act, what new entity was established to sanction firms and individuals for audit violations?

Options

  • AThe Sarbanes-Oxley Review and Assessment Board
  • BThe Accounting Controls Advisory Board
  • CThe Public Company Accounting Oversight Board
  • DThe Auditing Review Board

How the community answered

(28 responses)
  • A
    11% (3)
  • B
    7% (2)
  • C
    79% (22)
  • D
    4% (1)

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