Question
While the Sarbanes-Oxley Act (SOX) contains many provisions, the overall intent of the legislation was to improve the accuracy of information given to both boards
While the Sarbanes-Oxley Act (SOX) contains many provisions, the overall intent of the legislation was to improve the accuracy of information given to both boards and to shareholders. SOX attempted to achieve this goal in all of the following ways EXCEPT
a) Overhauling incentives and independence in the auditing process.
b) Mandating the separation of the positions of CEO and Chairman of the Board.
c) Stiffening penalties for providing false information.
d) Forcing companies to validate their internal financial control processes.
e) None of the above
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