Take the following as truth: 10 It was noted that although the Senate authorized about $750 million for the SEC for fiscal year 2003, an amount that the Senate believed would be sufficient to implement provisions of the Sarbanes-Oxley legislation to restore investor confidence, the Office of Management and Budget only proposed a funding level of about $500 million.
Then the following statement: "Reinvestment is important to restore the confidence. " is true, false, or inconclusive?
Answer: False