Answered

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The Sarbanes-Oxley Act of 2002 was the congressional response to recent corporate scandals such as Enron and WorldCom.

1) True
2) False

Sagot :

GinnyAnswer

Final answer:

The Sarbanes-Oxley Act of 2002 was created in response to corporate scandals like Enron and WorldCom, aiming to improve financial transparency and protect investors.


Explanation:

True

The Sarbanes-Oxley Act of 2002 was indeed the congressional response to corporate scandals like Enron and WorldCom. This act aimed to enhance confidence in financial information provided by public corporations and protect investors from accounting fraud.


Learn more about Sarbanes-Oxley Act of 2002 here:

https://brainly.com/question/39292878


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