Which of the following is not required by the SarbanesOxley Act?a. Top managers of public companies must sign a reportcertifying their responsibilities for the financialstatements.b. Public companies must maintain an audited system ofinternal control to ensure accuracy in accounting reports.c. Public companies must maintain an independentcommittee to meet with the company’s independentauditors.d. Top managers of public companies must be members of the American Institute of Certified PublicAccountants.
Which of the following is not required by the SarbanesOxley Act?a. Top managers of public companies must sign a reportcertifying their responsibilities for the financialstatements.b. Public companies must maintain an audited system ofinternal control to ensure accuracy in accounting reports.c. Public companies must maintain an independentcommittee to meet with the company’s independentauditors.d. Top managers of public companies must be members of the American Institute of Certified PublicAccountants.
Chapter4: The Adjustment Process
Section: Chapter Questions
Problem 2MC: Which of the following is the federal, independent agency that provides oversight of public...
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Which of the following is not required by the SarbanesOxley Act?
a. Top managers of public companies must sign a report
certifying their responsibilities for the financial
statements.
b. Public companies must maintain an audited system of
internal control to ensure accuracy in accounting reports.
c. Public companies must maintain an independent
committee to meet with the company’s independent
auditors.
d. Top managers of public companies must be members of the American Institute of Certified Public
Accountants.
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