What does the Sarbanes-Oxley Act of 2002 require the CEO and CFO to do? Multiple Choice All of these are requirements of the Sarbanes-Oxley Act of 2002. Take responsibility for signing financial statements. Stipulate that the financial statements do not omit material information. Disclose that they have evaluated the company's internal controls. Disclose that they have notified the company's auditors and the audit committee of the board of any fraud that involves management.
What does the Sarbanes-Oxley Act of 2002 require the CEO and CFO to do? Multiple Choice All of these are requirements of the Sarbanes-Oxley Act of 2002. Take responsibility for signing financial statements. Stipulate that the financial statements do not omit material information. Disclose that they have evaluated the company's internal controls. Disclose that they have notified the company's auditors and the audit committee of the board of any fraud that involves management.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
What does the Sarbanes-Oxley Act of 2002 require the CEO and CFO to do?
Multiple Choice
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All of these are requirements of the Sarbanes-Oxley Act of 2002.
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Take responsibility for signing financial statements.
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Stipulate that the financial statements do not omit material information.
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Disclose that they have evaluated the company's internal controls.
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Disclose that they have notified the company's auditors and the audit committee of the board of any fraud that involves management.
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