Which of the following laws required several types of corporate governance reforms, including better internal monitoring to reduce the risk of fraud, certification of financial results by top executives, and improved measures for internal auditing?
A) Fair Accounting Standards Act
B) Taft-Hartley Act
C) Occupational Safety and Health Act
D) Sarbannes-Oxley Act

Question

Quizplus · Accepted Answer

The Sarbannes-Oxley Act, passed in 2002, required several types of corporate governance reforms to increase transparency and reduce the risk of fraud, including better internal monitoring, certification of financial results by top executives, and improved measures for internal auditing. The other options listed do not pertain to corporate governance or accounting practices.

Which of the Following Laws Required Several Types of Corporate