Which one of the following is an unintended result of the Sarbanes-Oxley Act?
A)more detailed and accurate financial reporting
B)increased management awareness of internal controls
C)corporations delisting from major exchanges
D)increased responsibility for corporate officers
E)identification of internal control weaknesses

Question

Quizplus · Accepted Answer

One unintended consequence of the Sarbanes-Oxley Act was that some corporations chose to delist from major exchanges due to the increased costs and regulatory requirements associated with compliance. This was not the intended result of the act, which aimed to improve financial reporting and increase accountability.

Which One of the Following Is an Unintended Result of the Sarbanes-Oxley