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As a result of scandals involving publicly traded corporations such as Enron, WorldCom, and Adelphi, Congress passed legislation known as:
Suggested Answer: A
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Sarbanes-Oxley was a direct response to corporate scandals. FERPA is related to education. GLBA is about the financial industry. HIPAA is about health care.
11 comments · newest first
TY
Ty
11 months ago
Yup, SOX was all about increasing transparency in financial reporting.
CY
Cyril
12 months ago
Enron and WorldCom really shook things up, huh?
TR
Tracie
12 months ago
Wait, are we sure it was SOX? I thought it was something else.
LI
Linette
12 months ago
Totally agree, SOX was a game changer for corporate governance.
GE
Geraldine
1 year ago
It's definitely SOX, the Sarbanes-Oxley Act.
TA
Tawna
1 year ago
I practiced a similar question before, and I think SOX is the right choice. It was a major response to those corporate fraud cases.
MA
Mabel
1 year ago
I’m a bit confused. I know SOX is related to corporate scandals, but I keep mixing it up with HIPAA and its focus on health information.
RO
Royal
1 year ago
I definitely recall studying SOX in relation to Enron and WorldCom. It was about improving financial disclosures, right?
EA
Earnestine
1 year ago
I think the answer is SOX, but I’m not completely sure. I remember it had to do with corporate accountability.
BR
Brande
1 year ago
I'm pretty sure the official name for 5G is IMT2020, so I'll go with that.
GE
Gearldine
1 year ago
I'm a little confused by this question. Quality control can involve a lot of different activities, so I'm not sure which one of these options is the most relevant. I'll have to think it through carefully.