Multiple Choice
The Sarbanes-Oxley Act (SOX) was passed as a response to which of the following events?
A) The savings & loan scandals of the 1980s.
B) The bust of dot-com bubble companies such as pets.com and Webvan.
C) Corporate reporting scandals by companies such as WorldCom,Enron,and Tyco.
D) Securities manipulation and insider trading in the 1930s.
Correct Answer:
Verified
Correct Answer:
Verified
Q17: Which of the following control activities should
Q18: Each of the following types of controls
Q19: Tracing shipping documents to pre-numbered sales invoices
Q20: Segregation of duties reduces the risk of
Q21: The framework to be used by management
Q23: A firm must establish control policies,procedures,and practices
Q24: Which of the following is a component
Q25: Ethical principals are derived from all of
Q26: Controls in the information technology area are
Q27: According to the Sarbanes-Oxley Act of 2002,it