The major purpose of the Sarbanes-Oxley Act of 2002 was to place ...

[CQXA]

The major purpose of the Sarbanes-Oxley Act of 2002 was to place caps on the compensation that could be paid to corporate executives.
 
  Indicate whether the statement is true or false

Question 2

The tax deductibility of interest lowers the cost of debt financing, thereby causing the cost of debt financing to be lower than the cost of equity financing.
 
  Indicate whether the statement is true or false

[mbcrismon]

Answer to Question 1

FALSE

Answer to Question 2

TRUE

[CQXA]

Excellent

[atrochim]

Thanks for the timely response, appreciate it