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

question 40

Multiple Choice

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

• A) The clients of a public accounting firm may appoint an employee of the accounting firm as its chief accounting officer six months after the audit.
• B) A person who receives compensation for any duties from a public corporation cannot be appointed as a member of its audit committee.
• C) It assigns an audit partner for each audit by a certified public accounting firm.
• D) It subjects all public accounting firms to annual review and inspection by the PCAOB.

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Definitions:

Workplaces

Physical or virtual locations where individuals perform their job duties.

Communication

Refers to the process of exchanging information, ideas, and feelings through various methods, enabling understanding between individuals.

Sending

In communication, the process of conveying messages or information from one party to another through various means.

Receiving

The act of accepting or taking delivery of goods, messages, or transmitted data.