The participants applauded the deterrent put in place by the Sarbanes-Oxley Act of 2002, which sends a signal that persons who prepare or attest to fraudulent financial statements can go to jail.
There are no penalties for preparing fraudulent financial statements.
mnli hypothesis: There are no penalties for preparing fraudulent financial statements. premise: The participants applauded the deterrent put in place by the Sarbanes-Oxley Act of 2002, which sends a signal that persons who prepare or attest to fraudulent financial statements can go to jail.