The purpose of the Sarbanes-Oxley Act was to . Multiple choice question. provide greater scrutiny in accounting and reporting practices establish procedures for becoming a CPA eliminate accounting firms from having to hire accountants that are certified define generally accepted accounting principles

provide greater scrutiny in accounting and reporting practices

Explanation:

The Sarbanes-Oxley Act of 2002 is simply a Federal law which was out in place in order to audit and regulate the finances of public companies.

The Act is important as it helps protect employees, shareholders, and the public from fraudulent practices and accounting errors.

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explanation:

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