Multiple Choice
Under section 404 of the Sarbanes-Oxley Act, auditors are required to:
A) Attest to and report on the effectiveness of the client's internal controls.
B) Establish and maintain internal controls for audited companies.
C) Advise management on its preparation of the Report on Internal Controls.
D) Evaluate the company's internal control system periodically throughout the year.
E) All of the answers are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: The Sarbanes-Oxley Act established the:<br>A) Securities and
Q11: The Sarbanes-Oxley Act:<br>A) arose because of several
Q12: To achieve the objectives of sections 302
Q13: Which of the following statements is false
Q14: Which of the following bodies oversees audits
Q15: The provisions of sections 302 and 404
Q17: Which of the following statements regarding the
Q18: Internal controls focus on all of the
Q19: Since many internal control procedures are automated,
Q20: Which of the following is not a