Which one of the following best describes the primary intent of the Sarbanes-Oxley Act of 2002?
A)Increase the costs of going public
B)Increase protection against corporate fraud
C)Limit secondary issues of corporate securities
D)Decrease the number of publicly traded firms
E)Increase the number of firms that "go dark"

Question

Quizplus · Accepted Answer

The primary intent of the Sarbanes-Oxley Act of 2002 was to increase protection against corporate fraud through stricter accounting and reporting requirements for publicly traded companies.

Which One of the Following Best Describes the Primary Intent