As a Result of the Sarbanes-Oxley Act,the Lead Audit Partner

question 28

True/False

As a result of the Sarbanes-Oxley Act,the lead audit partner having primary responsibility for the audit and the audit partner responsible for reviewing the audit must rotate at least every three years.

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Definitions:

Diploid

A cell or organism having two sets of chromosomes, one from each parent, typical of somatic cells in animals and plants.

Chitin

A long-chain polymer of N-acetylglucosamine, a derivative of glucose, found in the exoskeletons of arthropods and cell walls of fungi.

Cellulose

A complex carbohydrate that is the primary component of plant cell walls, providing structural support.

Euglenoids

A diverse group of unicellular protists characterized by their ability to move via flagella and photosynthesize like plants.