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Which legislative act made accounting firms, separate their consulting and auditing businesses

A. The contract disputes act of 1978
B. The Sarbane Oxley act
C. The Sherman antitrust act
D. The Clayton act

1 answer

B. The Sarbanes-Oxley Act

The Sarbanes-Oxley Act, enacted in 2002 following corporate scandals, imposed strict regulations on accounting firms, including the requirement for them to separate their auditing and consulting services to enhance independence and reduce conflicts of interest.