Multiple Choice
Section 404 of the Sarbanes-Oxley Act includes which of the following?
A) A requirement that management of a publicly traded company issues an assessment of internal control that covers the entire year.
B) Specific guidance on what constitutes adequate internal control.
C) A requirement that management of a publicly traded company accepts responsibility for establishing and maintaining adequate internal controls.
D) A requirement that management of a publicly traded company issues an assessment regarding the efficiency of internal control for the year.
Correct Answer:
Verified
Correct Answer:
Verified
Q41: For which of the following internal controls
Q42: The five step process in the audit
Q43: Which of the following is true of
Q44: Which of the following is false?<br>A)Regardless of
Q45: Identify indicators of a material weakness in
Q47: Based on PCAOB guidelines, the audit of
Q48: AS5 requires that the auditor appropriately document
Q49: An auditor will use the IT test
Q50: The person in charge of authorizing credit
Q51: A deficiency that implies that there is