Question

The Sarbanes-Oxley Act is referred to as which one of the following? Anti-dumping/screening health care legislation. Legislation to regulate nefarious accounting practices within the health care industry. Public company accounting reform and investor protection act. Patient private and privileged information protection act.

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Answer #1

The Sarbanes Oxley Act or SOX was enacted after various accounting scandals such as enron, WorldCom etc. It focuses on imposing stringent regulations on public accounting and auditing forms.

Hence, the correct answer is Public company accounting reform and investor protection act,.

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