Sarbanes-Oxley Act: Sarbanes-Oxley Act or SOX was introduced in 2002 by U.S. government after several accounting scams like Enron and WorldCom. The Act defines the responsibilities of the board of director of a public company and adds criminal liabilities for wrongful acts of the management and board of directors. To Indicate: Certification required by CEO and CFO under Section 302 of the Sarbanes-Oxley Act in the annual report of Microsoft Inc. for the year 2016.

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Answer 1

Question

Chapter 4, Problem 68.4C

To determine

Concept Introduction:

Sarbanes-Oxley Act:

Sarbanes-Oxley Act or SOX was introduced in 2002 by U.S. government after several accounting scams like Enron and WorldCom. The Act defines the responsibilities of the board of director of a public company and adds criminal liabilities for wrongful acts of the management and board of directors.

To Indicate:

Certification required by CEO and CFO under Section 302 of the Sarbanes-Oxley Act in the annual report of Microsoft Inc. for the year 2016.

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Answer 2

Question

Chapter 4, Problem 68.4C

To determine

Concept Introduction:

Sarbanes-Oxley Act:

Sarbanes-Oxley Act or SOX was introduced in 2002 by U.S. government after several accounting scams like Enron and WorldCom. The Act defines the responsibilities of the board of director of a public company and adds criminal liabilities for wrongful acts of the management and board of directors.

To Indicate:

Certification required by CEO and CFO under Section 302 of the Sarbanes-Oxley Act in the annual report of Microsoft Inc. for the year 2016.

Expert Solution & Answer

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Answer 3

Question

Chapter 4, Problem 68.4C

To determine

Concept Introduction:

Sarbanes-Oxley Act:

Sarbanes-Oxley Act or SOX was introduced in 2002 by U.S. government after several accounting scams like Enron and WorldCom. The Act defines the responsibilities of the board of director of a public company and adds criminal liabilities for wrongful acts of the management and board of directors.

To Indicate:

Certification required by CEO and CFO under Section 302 of the Sarbanes-Oxley Act in the annual report of Microsoft Inc. for the year 2016.

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Answer 4

Question

Chapter 4, Problem 68.4C

To determine

Concept Introduction:

Sarbanes-Oxley Act:

Sarbanes-Oxley Act or SOX was introduced in 2002 by U.S. government after several accounting scams like Enron and WorldCom. The Act defines the responsibilities of the board of director of a public company and adds criminal liabilities for wrongful acts of the management and board of directors.

To Indicate:

Certification required by CEO and CFO under Section 302 of the Sarbanes-Oxley Act in the annual report of Microsoft Inc. for the year 2016.

Expert Solution & Answer

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Answer 5

Chapter 4, Problem 68.4C

To determine

Concept Introduction:

Sarbanes-Oxley Act:

Sarbanes-Oxley Act or SOX was introduced in 2002 by U.S. government after several accounting scams like Enron and WorldCom. The Act defines the responsibilities of the board of director of a public company and adds criminal liabilities for wrongful acts of the management and board of directors.

To Indicate:

Certification required by CEO and CFO under Section 302 of the Sarbanes-Oxley Act in the annual report of Microsoft Inc. for the year 2016.

Answer 6

Chapter 4, Problem 68.4C

To determine

Concept Introduction:

Sarbanes-Oxley Act:

Sarbanes-Oxley Act or SOX was introduced in 2002 by U.S. government after several accounting scams like Enron and WorldCom. The Act defines the responsibilities of the board of director of a public company and adds criminal liabilities for wrongful acts of the management and board of directors.

To Indicate:

Certification required by CEO and CFO under Section 302 of the Sarbanes-Oxley Act in the annual report of Microsoft Inc. for the year 2016.

Answer 7

Chapter 4, Problem 68.4C

To determine

Concept Introduction:

Sarbanes-Oxley Act:

Sarbanes-Oxley Act or SOX was introduced in 2002 by U.S. government after several accounting scams like Enron and WorldCom. The Act defines the responsibilities of the board of director of a public company and adds criminal liabilities for wrongful acts of the management and board of directors.

To Indicate:

Certification required by CEO and CFO under Section 302 of the Sarbanes-Oxley Act in the annual report of Microsoft Inc. for the year 2016.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 4 - Prob. 1DQ Ch. 4 - Prob. 2DQ Ch. 4 - The Sarbanes-Oxley Act increased top managements...Ch. 4 - Prob. 4DQ Ch. 4 - Prob. 5DQ Ch. 4 - Prob. 6DQ Ch. 4 - Prob. 7DQ Ch. 4 - Prob. 8DQ Ch. 4 - Prob. 9DQ Ch. 4 - Prob. 10DQ

Solution Summary: The author explains that Sarbanes-Oxley Act or SOX was introduced in 2002 by U.S. government after several accounting scams like Enron and WorldCom.

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