Under section 404 of the Sarbanes-Oxley Act, auditors are required to:
A. establish and maintain internal controls for audited companies.
B. evaluate the company's internal control system periodically throughout the year.
C. advise management on its preparation of the Report on Internal Controls.
D. attest to and report on the effectiveness of the client's internal controls.
E. All of the answers are correct.
Answer: D
You might also like to view...
Experiential marketing combines the following, except:
A) direct marketing B) guerilla marketing C) field marketing D) sales promotions
Distinguish between the two-tier and three-tier client server model. Describe when each would be used
An employer identification number (EIN) is NOT commonly used for:
A. Proprietorship B. Partnership / LLC C. Tax documents D. Corporate identification
One difficulty associated with using advertising as part of a marketer's IMC efforts is
A. it is hard to break through the clutter of other messages targeted for the same audience. B. it is considered old-fashioned by many younger consumers. C. it is more expensive than personal selling. D. it works only when communicating to the most uninformed consumers. E. government regulations have significantly decreased allowable advertising frequencies.