Which of the following is not a Sarbanes-Oxley Act requirement intended to reduce fraud opportunities? a. Increase

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Which of the following is not a Sarbanes-Oxley Act requirement intended to reduce fraud opportunities?

a. Increase fines and jail sentences for fraud perpetrators.
b. All public companies establish an audit committee of independent directors.
c. Management of all public companies evaluates and reports on the effectiveness of internal control over financial reporting.
d. External auditors of large public companies evaluate and report on the effectiveness of internal control over financial reporting.

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Fundamentals Of Financial Accounting

ISBN: 9781265440169

7th Edition

Authors: Fred Phillips, Shana Clor Proell, Robert Libby, Patricia Libby

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