The Sarbanes-Oxley Act of 2002 is an example of a change in the __________ environment which forced thousands of publicly traded companies to adjust the way they conduct business.
A) political-legal
B) technological
C) task
D) operating
E) socio-cultural

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 is a legislative act that was passed in response to a number of major corporate and accounting scandals. It introduced major changes to the regulation of financial practice and corporate governance. This act is an example of a change in the political-legal environment, as it involves changes in laws and regulations that affect how companies operate.

The Sarbanes-Oxley Act of 2002 Is an Example of a Change