The Sarbanes-Oxley Act of 2002 stipulates that

A. both CEO and CFO sign off on the company's financial statements.
B. the company should appoint independent financial experts to its audit committee.
C. a public accounting oversight board be created.
D. all of the options


Answer: D

Business

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A decrease in the income tax payable account balance indicates the

a. income tax expense account balance is greater than the cash paid; b. income tax expense account balance is less than the cash paid; c. indirect method is used; d. direct method is used; e. none of these

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If Jonathan indorses an instrument in blank and gives it to Lily, she ________.

A. cannot convert the blank indorsement to a special one B. must indorse it before it can be negotiated further C. may negotiate it without indorsing it D. is not liable even if she indorses it as it was given to her by Jonathan

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A document that defines the operational and financial objectives of a business over a specific time period is a ________

A) business mission B) business vision C) marketing strategy D) business plan E) marketing plan

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The way in which authority and responsibility are distributed in an organization is ___________________________________

Fill in the blank(s) with correct word

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