Which Key Provision of the Sarbanes-Oxley Act Should Minimize the Opportunity

question 28

Multiple Choice

Which key provision of the Sarbanes-Oxley act should minimize the opportunity for public accountants to minimize conflict of interest?

• A)Establish a maximum fees chargeable by public accountants to firms they do work for
• B)Strengthens the protection for whistleblowers
• C)Having the CEO's and CFO's certify the accuracy of financial reports
• D)Prohibits accounting firms to provide consulting services and audit the same firm

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Definitions:

Multicellular Adult

An organism that has developed to its mature form, consisting of many cells organized into tissues and organs.

Genetics

The scientific study of genes, heredity, and the variation of organisms, which explains how traits are passed from parents to offspring.

Homeostasis

The self-regulating process by which biological systems tend to maintain stability while adjusting to conditions that are optimal for survival.

Internal Environment

The conditions and processes occurring within an organism's body that ensure its stable operation and life activities.