Accounting. The Sarbanes Oxley (SOX) Act was passed in 2002 as a result of corporate scandals and in an attempt to regain public trust in accounting and reporting practices.

Two random samples of 1015 executives were surveyed and asked their opinion about accounting practices in both 2000 and in 2006. The table below summarizes all 2030 responses to the question, “Which of the following do you consider most critical to establishing ethical and legal accounting and reporting practices?” Did the distribution of responses change from 2000 to 2006?

a) Select the appropriate procedure.

b) Check the assumptions.

c) State the hypotheses.

d) Test an appropriate hypothesis and state your results.

e) Interpret the meaning of the results and state a conclusion.

Transcribed Image Text:

Responses Training 2000 2006 142 131 IT Security 274 244 Audit Trails 152 152 173 IT Policies No Opinion 396 416 51 51