The _____ was/were enacted to restore confidence in financial reporting and business ethics after the accounting scandals of the early 2000s.

A) Defense Industry Initiative on Business Ethics and Conduct
B) Sarbanes-Oxley Act
C) Federal Sentencing Guidelines for Organizations
D) Foreign Corrupt Practices Act
E) Dodd-Frank Wall Street Reform and Consumer Protection Act

The Sarbanes-Oxley Act was enacted in 2002 to restore confidence in financial reporting and business ethics after the accounting scandals of the early 2000s, such as Enron and WorldCom. The act established new or expanded requirements for public companies and accounting firms, including increased disclosures, independent auditor oversight, and penalties for fraudulent activity. The other options listed relate to different initiatives or legislation focused on ethical business conduct in other areas, such as defense, sentencing guidelines, foreign corruption, and Wall Street reform.