C) The act does not cover fraud via TV or radio.
The Sarbanes-Oxley Act (SOX) primarily focuses on corporate governance and financial reporting requirements for publicly traded companies. It does not specifically address fraud via television or radio. SOX was enacted in response to corporate accounting scandals and applies to publicly traded companies, not private companies. It also covers a wide range of corporate governance activities, including financial reporting, internal controls, and auditing. The statement in option C is the one that is true regarding the Sarbanes-Oxley Act.