Which of the following is not a significant objective of the Sarbanes-Oxley (SOX)Act?
A) Conceal fraud
B) Encourage good character
C) Counteract incentives for fraud
D) Reduce opportunities for fraud

Question

Quizplus · Accepted Answer

The objective of the SOX Act is to prevent and deter fraud, not to conceal it. The act aims to increase transparency and accountability in financial reporting and promote ethical behavior in corporations. Therefore, option A is not a significant objective of the SOX Act.

Which of the Following Is Not a Significant Objective of the Sarbanes-Oxley