Can someone please answer these questions, 7-8? Thanks!

C. Dividends D. Expenses 7. What action did the U. S. Congress take because of the audit failures at Enron, WorldCom and other companies? A. Required publicly-traded companies to be audited by a government agency B. Required companies to begin preparing an additional financial statement C. Passed the Sarbanes-Oxley Act D. Passed an amendment to the Securities and Exchange Act 8. The four steps to the accounting cycle (in order of occurrence) are: A. Prepare the Income Statement, prepare the Statement of Changes in Stockholders' Equity, prepare the Balance Sheet, Prepare the Statement of Cash Flows B. Record Transactions, Pay expenses, Pay dividends, Prepare financials statements C. Closing accounts, Recording transactions, Adjusting accounts, Preparing financial statements D. Recording transactions, Adjusting accounts, Preparing financial statements, Closing accounts one more page .............................One more page