Which statement below is incorrect regarding the Sarbanes-Oxley Act (SOX)? O Failure to comply with SOX can result in substantial penalties to companies and company officers O Requires all publicly-traded corporations to maintain an adequate system of internal control. O Most investors believe that SOX helps safeguard their stock investments. The SOX was passed by Congress in the early 2000's.

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Which statement below is incorrect regarding the Sarbanes-Oxley Act (SOX)?
O Failure to comply with SOX can result in substantial penalties to companies and company officers
O Requires all publicly-traded corporations to maintain an adequate system of internal control.
O Most investors believe that SOX helps safeguard their stock investments.
The SOX was passed by Congress in the early 2000's.
Transcribed Image Text:Which statement below is incorrect regarding the Sarbanes-Oxley Act (SOX)? O Failure to comply with SOX can result in substantial penalties to companies and company officers O Requires all publicly-traded corporations to maintain an adequate system of internal control. O Most investors believe that SOX helps safeguard their stock investments. The SOX was passed by Congress in the early 2000's.
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