contestada

To maintain public confidence and trust in the financial reporting of companies is the purpose of
a. the FASB
b. the IRS
c. Sarbanes-Oxley
d. GAAP

Respuesta :

Answer: Option (c) is correct.

Explanation:

The purpose of Sarbanes-Oxley act is a federal law that is created for the supervision of public companies. It is introduced to audit and financial regulation of the companies. Also, it is established to help protect the general public, shareholders and companies from the fraudulent activities and accounting error.

Otras preguntas