Multiple choice general knowledge

The US Federal Government signed a law in July,2002 in response to the major scandals in corporate accounting. Its been since the time of Franklin. D. Roosevelt”. This law is named after its sponsors and is known as?

  1. ISO

  2. TBEM

  3. SOX

  4. Malcolm Baldridge
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Sarbanes-Oxley Act (SOX) was signed into law in July 2002 in response to major corporate accounting scandals like Enron and WorldCom. It was named after its sponsors Senator Paul Sarbanes and Representative Michael Oxley.

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