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The CFO of Blalock's Industries is frustrated by the Sarbanes-Oxley Act. He has had to...

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Accounting

The CFO of Blalock's Industries is frustrated by the Sarbanes-Oxley Act. He has had to hire an extra auditor and consultant to help
analyze and detect fraudulent activities, and he feels like this might cost him more than it saves. What aspect of SOX most bothers the
CFO?
The need to establish a controlled environment, starting with his attitude toward unethical activities.
The backlash he gets from the investors from spending profits on auditing.
The lack of relevance of SOX to his relatively low-risk company.
The extra time and expense required in following the SOX requirements.
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