CompTIA Security+ Exam Prep

Answer: B - The Public Company Accounting Reform and Investor Protection Act of 2002 is commonly known as the Sarbanes-Oxley Act. This act was created out of corporate scandals and fraud which cost investors billions. The law applies to any company that is publicly traded on the United States markets. Much of the law governs accounting practices and the methods used by companies to report on their financials. Section 404 applies to information technology in that most companies rely on computer equipment and electronic storage for transacting and archiving data, therefore, processes and controls must be in place to protect the data.