The _____ of 2002 introduced greater accountability for chief executive officers and boards of directors in signing off on the financial performance records of the organizations they represent.
A)Comstock Act
B)Federal Corrupt Practices Act
C)Sarbanes-Oxley Act
D)National Banking Act

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 (SOX) was passed in response to several high-profile corporate accounting scandals. It introduced stricter financial reporting requirements and increased accountability for CEOs and the boards of directors of publicly traded companies. The other options listed are not related to financial accountability or corporate governance.

The _____ of 2002 Introduced Greater Accountability for Chief Executive