E10B. BUSINESS APPLICATION Match the items with the related statements that follow. 1. Safeguards the firm's assets and ensure the reliability of its accounting records. 2. Holds that the chief executive officer, the chief financial officer, and the audi- tors of a public company responsible for fully documenting and certifying the company's system of internal controls. 3. States that it is responsible for estab- lishing and maintaining adequate inter- nal control over financial reporting. 4. Includes an examination of internal a. Management's responsibility b. Section 404 of Sarbanes-Oxley Act c. Independent accountant's audit d. Internal control controls.
E10B. BUSINESS APPLICATION Match the items with the related statements that follow. 1. Safeguards the firm's assets and ensure the reliability of its accounting records. 2. Holds that the chief executive officer, the chief financial officer, and the audi- tors of a public company responsible for fully documenting and certifying the company's system of internal controls. 3. States that it is responsible for estab- lishing and maintaining adequate inter- nal control over financial reporting. 4. Includes an examination of internal a. Management's responsibility b. Section 404 of Sarbanes-Oxley Act c. Independent accountant's audit d. Internal control controls.
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 11MC: Which of the following is true about the Sarbanes-Oxley Act? A. It was passed to ensure that...
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