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Accounting Principles MCQs

Companies of what size have been impacted the most by the SOX from a cost perspective?

Mid-sized companies feel the impact the most

There is no correlation between company size and the cost of implementing the provisions of the Act

The larger companies as the larger the company, the more it has to pay to implement the provisions of the Act

The smaller companies as the cost of implementing the provisions of the Act does not decrease proportionally with the size of the company

Answer

Correct Answer: The larger companies as the larger the company, the more it has to pay to implement the provisions of the Act

Explanation:

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