Which of the following statements is true regarding the regulation of ethics in accounting? a.) The private sector proposed the Sarbanes-Oxley Act as a way to regulate competition within industries. O b.) The Sarbanes-Oxley Act determines the standards of financial reporting for state and local government. c.) The IRS created the Sarbanes-Oxley Act in order to prosecute companies who did not pay taxes. d.) Unethical behavior by major companies prompted the government to create the Sarbanes-Oxley Act. Submit My Answer Type here to search BI