According to Sarbanes-Oxley, the audit committee must pre-approve all audit and non-audit services. This can be done.Case-by-case basis: Yes; Through established policies: No; Delegating the responsibility: Yes Case-by-case basis: No; Through established policies: Yes; Delegating the responsibility: No Case-by-case basis: Yes; Through established policies: Yes; Delegating the responsibility: No Case-by-case basis: No; Through established policies: No; Delegating the responsibility: Yes

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Answered: According to Sarbanes-Oxley, the audit…

Auditing: A Risk Based-Approach to Conducting a Quality Audit

10th Edition

ISBN:9781305080577

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter14: Activities Required In Completing A Quality Audit

Section: Chapter Questions

Problem 49MCQ

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According to Sarbanes-Oxley, the audit committee must pre-approve all audit and non-audit services. This can be done.

Case-by-case basis: Yes; Through established policies: No; Delegating the responsibility: Yes
Case-by-case basis: No; Through established policies: Yes; Delegating the responsibility: No
Case-by-case basis: Yes; Through established policies: Yes; Delegating the responsibility: No
Case-by-case basis: No; Through established policies: No; Delegating the responsibility: Yes

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