ACC Enron Fraud

This article is focused on the benefits of the Sarbanes-Oxley regulations.

• True

• False

This article states that the collapse of Enron negatively affected people's faith in the U.S. stock market.

• True

• False

According to this article, the lost of trust in the stock market hurt the middle-class more than the wealthy.

• True

• False

According to this article, more people owned stocks in 2002 as compared to 2020.

• True

• False

According to this article, before Sarbanes-Oxley regulates were established, the SEC could not hold executives accountable for financial issues in a company.

• True

• False

If a company decides not to go public (sell stocks), how can it raise investment funds?

Why are there fewer companies listed on the stock market today than in the past?

According to this article, the major complaint from businesses about Sarbanes-Oxley regulations are . . .

• their discriminatory nature.

• their negative impact on international business.

• their heavy cost.

According to this article, one of the disadvantages of companies not going public (selling stock) is . . .

• they pay higher taxes

• their revenue is limited

• most people cannot afford to invest in them

Private companies share their financial data with the public just as public companies do.

• True

• False