One of the objectives of the Sarbanes-Oxley Act was to

Q. One of the objectives of the Sarbanes-Oxley Act was to

A.            Increase the cost of compliance with federal regulations.

B.            Force foreign companies to delist from U.S. capital market exchanges.

C.            Improve the quality and transparency of financial reporting.

D.            Increase the compliance burden for small companies.

Correct answer: Improve the quality and transparency of financial reporting.