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CTP · Question #899
(Topic 9) What government legislation holds the CEO of a public company personally liable for the information in financial reports?
The correct answer is B. Sarbanes-Oxley Act. See the full explanation below for the reasoning.
Question
- (Topic 9)
What government legislation holds the CEO of a public company personally liable for the information in financial reports?
Options
- ASecurities Act of 1933
- BSarbanes-Oxley Act
- CGramm-Leach-Bliley Act
- DGlass-Steagall Act
How the community answered
(37 responses)- A3% (1)
- B78% (29)
- C11% (4)
- D8% (3)
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