Ask Question
30 May, 14:53

The Sarbanes-Oxley Act was designed to protect A. retired workers from losing their pensions B. corporations from misguided whistleblowers. C. CEO salary increases. D. CEOs from losing their golden parachutes. E. shareholders from the excesses and failed oversight of firms.

+4
Answers (1)
  1. 30 May, 14:58
    0
    E. shareholders from the excesses and failed oversight of firms.

    Explanation:

    The Sarbanes-Oxley Act of 2002 was designed to protect investors and shareholders from accounting frauds, misguided financial statements and intentional errors by improving accuracy and reliability of company's accounts. This act was created in response to financial scandals and frauds that took place before 2002. Public corporations are required to comply with the Laws and regulations in the Sarbanes-Oxley Act.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The Sarbanes-Oxley Act was designed to protect A. retired workers from losing their pensions B. corporations from misguided whistleblowers. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers