In 2005, the Revised Act was amended to emphasize the responsibility of officers to inform others in the corporation of matters that come to their attention, including any material violation of law involving the corporation or material breach of duty by an officer, employee, or agent of the corporation.

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002, often amended and revised, emphasizes the responsibility of corporate officers to report any material violations of law or breaches of duty within the corporation. This includes ensuring that internal controls are in place to prevent misconduct and that any such issues are promptly reported and addressed.

In 2005, the Revised Act Was Amended to Emphasize the Responsibility