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Sarbanes-Oxley MCQs

Why is the Sarbanes-Oxley Act widely considered as the most important securities legislation since the original federal securities laws of the 1930s?

It re-established employee confidence in the integrity of their corporate employer’s products and services.

It re-established investor confidence in the integrity of corporate disclosures and financial reporting.

It re-established consumers' confidence in the integrity of products and services offered for sell by corporations.

It re-established governmental agencies' confidence in the integrity of Chief Executive Officers in their ability manages their corporations.

Answer

Correct Answer: It re-established investor confidence in the integrity of corporate disclosures and financial reporting.

Explanation:

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