Question $16($B and D are not the answers!!$)$

$0/1$ point

Sarbanes$-$Oxley Act was enacted in response to a large number of scandals were uncovered during the period between $2000$ and $2002.$ Most of these scandals were related to except

a$)$ manipulation of financial data to misrepresent the actual condition of the firm.

b$)$ misleading and overly optimistic research reports produced by analysts.

c$)$ auditors overly lenient in their auditing work.

d$)$ allocating IPOs to executives

as a quid

pro quo

for

personal

favors.

e$)$ trading of securities using inside information by managers of companies.