Asked by
Farah Abdulaziz
on Nov 03, 2024
Verified
The Sarbanes-Oxley Act aims to punish corporate fraud and corruption.
Sarbanes-Oxley Act
This act, enacted in 2002, aims to protect investors from the possibility of fraudulent accounting activities by corporations.
Corporate Fraud
It involves illegal activities undertaken by an individual or company in a deceitful manner, typically to gain a financial advantage.
- Acknowledge the legislative frameworks, encompassing the Sarbanes-Oxley Act, intended to battle unethical practices among corporations.
Verified Answer
EN
Learning Objectives
- Acknowledge the legislative frameworks, encompassing the Sarbanes-Oxley Act, intended to battle unethical practices among corporations.
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