The Sarbanes Oxley Act of 2002: A. requires public companies to issue in writing that financial reports
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Question:
The Sarbanes Oxley Act of 2002:
A. requires public companies to issue in writing that financial reports are accurate and complete, and that internal controls are adequate to prevent material misstatements in the financial statements.
B. has stiff penalties and prison time for perpetuators of financial statement fraud.
C. allows public companies to avoid a review of internal controls.
D. A and B
Related Book For
Auditing and Assurance Services A Systematic Approach
ISBN: 978-1259162343
9th edition
Authors: William Messier, Steven Glover, Douglas Prawitt
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