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CTP · Question #905

(Topic 9) Which of the following is the MOST accurate statement regarding the passage of the Sarbanes-Oxley Act?

The correct answer is C. It was a drastic change in the regulation of corporate governance. See the full explanation below for the reasoning.

Question

  • (Topic 9)

Which of the following is the MOST accurate statement regarding the passage of the Sarbanes-Oxley Act?

Options

  • AIt is the latest in a long line of corporate governance acts.
  • BIt was the first corporate governance act in American history.
  • CIt was a drastic change in the regulation of corporate governance.
  • DIt had little effect on corporate governance.

How the community answered

(63 responses)
  • A
    3% (2)
  • B
    13% (8)
  • C
    78% (49)
  • D
    6% (4)

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