The Sarbanes-Oxley Act (SOX)of 2002 Does Not Specifically Prohibit an Independent

question 5

Multiple Choice

The Sarbanes-Oxley Act (SOX) of 2002 does not specifically prohibit an independent auditor from performing the following non-audit function(s) for an audit client:

• A)financial information systems design and implementation.
• B)internal audit outsourcing services.
• C)tax services.
• D)"expert" services.
• E)SOX specifically prohibits an independent auditor from performing all of these non-audit services for an audit client.

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Definitions:

Invitation

A written or verbal request to someone to go somewhere or to do something.

Submit Bids

The process of offering a specified price for goods or services, especially in the context of auctions or competitive tenders.

Reasonable Period

An amount of time which is fairly appropriate under the circumstances, often subject to interpretation based on the specific context.

Exact Period

A specific timeframe during which certain actions are to take place or conditions must be met.