Which of the Following Statements Is True of the Sarbanes-Oxley

question 11

Multiple Choice

Which of the following statements is true of the Sarbanes-Oxley Act?

• A) It requires all audit papers to be retained for at least ten years.
• B) It requires the Public Company Accounting Oversight Board to inspect and review registered accounting firms that audit more than 100 public companies once a year.
• C) It created the Securities Exchange Committee.
• D) It allows a registered public accounting firm to simultaneously provide audit and legal services to a public company.

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Definitions:

Vestibulocochlear Nerve

A cranial nerve responsible for hearing and balance, transmitting information from the inner ear to the brain.

Linear Acceleration

A measure of the rate of change of velocity of an object, with respect to time, in a straight line.

Vestibular Fibers

These are nerve fibers associated with the vestibular system, which helps in the process of balance and spatial orientation.

Vestibular Canal

A part of the inner ear that contributes to the body's sense of balance and spatial orientation.