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Which of the following is not correct relating to the Sarbanes-Oxley Act? A.) It eliminates a significant portion of the accounting profession's system of self-regulation.

Which of the following is not correct relating to the Sarbanes-Oxley Act?

A.) It eliminates a significant portion of the accounting profession's system of self-regulation.

B.) It restricts the types of consulting CPAs may perform for audit clients.

C.) It applies to both public and nonpublic audit clients.

D.) It toughens penalties for corporate fraud.

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