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LO 1.4What year was the Sarbanes-Oxley Act enacted?

2007
1992
1997
2002

1 Answer

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Answer:

2002

Step-by-step explanation:

The Sarbanes-Oxley Act was enacted on July 30 2002.

The Sarbanes-Oxley Act was enacted in response to a lot of corporate scandals. The act aimed to reduce corporate fraud, increase corporate punishment, regulate company's board of directors, and give greater protection to whistle blowers.

I hope my answer helps you.

User Robin Dillen
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