In response to accounting scandals in 2002, the federal government passed legislation requiring that corporate directors have a certain level of expertise with financial information and mandating that chief executive officers personally certify the accuracy of financial statements. what is the name of this legislation? a) the kennedy-lott actb) the accountant reliability actc) the sarbanes-oxley actd) the 24th amendment to the constitution

The answer is: C) the Sarbanes-Oxley Act

Explanation:

The Sarbanes-Oxley Act (July 30th, 2002) was designed to oversee the financial reporting for corporations' finance professionals. One of its main goals is to protect investors by improving the accuracy and reliability of  disclosed corporate financial statements.

answerplace value;

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.