The purpose of the Sarbanes-Oxley Act was to Question 7 options: require firms to be more rigorous in their accounting and reporting practices. eliminate accounting firms from having to hire accountants that are certified. define generally accepted accounting principles. force accounting firms to combine their consulting and auditing businesses. establish standards and testing procedures for becoming a CPA.

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Answered: The purpose of the Sarbanes-Oxley Act…

Contemporary Auditing

11th Edition

ISBN:9781337650380

Author:KNAPP

Publisher:KNAPP

Chapter1: Comprehensive Cases

Section1.2: Lehman Brothers Holdings, Inc.

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The purpose of the Sarbanes-Oxley Act was to

Question 7 options:

	require firms to be more rigorous in their accounting and reporting practices.
	eliminate accounting firms from having to hire accountants that are certified.
	define generally accepted accounting principles.
	force accounting firms to combine their consulting and auditing businesses.
	establish standards and testing procedures for becoming a CPA.

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