Take the following as truth: Participants generally believed that the provisions of the Sarbanes-Oxley Act of 2002 should be implemented and assessed before the Congress should consider adding any new legislative requirements; however, participants agreed that much can and should be done by other responsible parties, such as by regulatory and self-regulatory bodies, within their existing authority.
Then the following statement: "People thought that the Sarbanes-Oxley act should go into effect before additional legislation rules were put in place." is true, false, or inconclusive?
Answer: True