The Sarbanes-Oxley Act (SOX) aims to enhance:

The Sarbanes-Oxley Act (SOX) aims to enhance:

• A. Network security protocols
• B. Accuracy and reliability of corporate disclosures
• C. Protection of copyrighted materials
• D. Personal data storage guidelines

Answer: (B)

The Sarbanes-Oxley Act (SOX) primarily focuses on financial reporting and governance for publicly traded companies. Its main goal is to enhance the accuracy and reliability of corporate disclosures so that shareholders and the public can make informed decisions regarding the financial health of a company. This act was enacted in response to major corporate scandals, aiming to prevent accounting fraud and protect investors by mandating strict reforms to improve financial disclosures. The other options relate to different aspects of regulation and compliance but do not align with the primary focus of SOX. Network security protocols are more closely associated with cybersecurity regulations rather than financial disclosures. Protection of copyrighted materials pertains to intellectual property law, while personal data storage guidelines cover privacy legislation and data protection, which are not the focus of SOX. Thus, the emphasis on the accuracy and reliability of corporate disclosures makes the selected answer the most appropriate in the context of the Sarbanes-Oxley Act.

The Sarbanes-Oxley Act (SOX) primarily focuses on financial reporting and governance for publicly traded companies. Its main goal is to enhance the accuracy and reliability of corporate disclosures so that shareholders and the public can make informed decisions regarding the financial health of a company. This act was enacted in response to major corporate scandals, aiming to prevent accounting fraud and protect investors by mandating strict reforms to improve financial disclosures.

The other options relate to different aspects of regulation and compliance but do not align with the primary focus of SOX. Network security protocols are more closely associated with cybersecurity regulations rather than financial disclosures. Protection of copyrighted materials pertains to intellectual property law, while personal data storage guidelines cover privacy legislation and data protection, which are not the focus of SOX. Thus, the emphasis on the accuracy and reliability of corporate disclosures makes the selected answer the most appropriate in the context of the Sarbanes-Oxley Act.