Since the implementation of Sarbanes-Oxley,the cost of going public in the United States,has:
A)increased.
B)decreased.
C)remained about the same.
D)been erratic, but over time has decreased.
E)it is impossible to tell since Sarbanes-Oxley compliance does not involve direct cost to the firm.

Question

Quizplus · Accepted Answer

Sarbanes-Oxley, which was implemented in 2002, requires companies to comply with various regulations and reporting requirements aimed at improving financial transparency and accountability. Compliance with these regulations often requires significant resources, including additional staffing, legal fees, and technology upgrades, which can increase the cost of going public. As a result, the cost of going public in the United States has generally increased since the implementation of Sarbanes-Oxley.

Since the Implementation of Sarbanes-Oxley,the Cost of Going Public in the United