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Understanding the Sarbanes-Oxley Act (SOX) Quiz

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1. When was the Sarbanes-Oxley Act (SOX) enacted?

2. What is the main purpose of the Sarbanes-Oxley Act (SOX)?

3. What was a major scandal that prompted the creation of the Sarbanes-Oxley Act (SOX)?

4. Which section of the Sarbanes-Oxley Act (SOX) requires the certification of internal controls?

5. Who enforces compliance with the Sarbanes-Oxley Act (SOX)?

6. Which section of the Sarbanes-Oxley Act (SOX) provides whistle-blower protections?

7. Which of the following organizations was created as a direct result of the Sarbanes-Oxley Act (SOX)?

8. What is one major criticism of the Sarbanes-Oxley Act (SOX)?

9. Which of the following is a requirement imposed by the Sarbanes-Oxley Act (SOX) on companies?

10. According to the Sarbanes-Oxley Act (SOX), who must form the majority of the board of directors in a company?