Question 31 2.86 pts Which of the following are the regulatory measures to improve accounting transparency under the Sarbanes- Oxley Act? The Sarbanes-Oxley Act imposed a severe civil and criminal penalty for companies and auditors who failed to detect a misleading or fraudulent financial reports. The Sarbanes-Oxley Act adopted all publicly registered firms in the United States to adopt internal control measures designed to detect misleading or fraudulent financial statements in advance. The Sarbanes-Oxley Act required the board of directors of all publicly registered firms in the United States to be dominated by independent directors (i.e. directors who are not firm insiders such as the CEO). All of the above