alleryStart learning →Which law was a reaction to audit firms also selling consulting to the same clients?
ACadbury Report 1992
BEighth Directive 1984
CSarbanes-Oxley Act 2002
DAudit Directive 2006
Answer & Solution
Correct answer: C. Sarbanes-Oxley Act 2002
The Sarbanes-Oxley Act of 2002 was a legal reaction to conflicts when divisions of one firm provide both audit and consulting.
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