Many Accountants Feel That the Most Important Part of the Sarbanes-Oxley

question 25

Multiple Choice

Many accountants feel that the most important part of the Sarbanes-Oxley Act is:

• A)Its anti-terrorist provisions
• B)Its provisions requiring the reporting of suspicious activities
• C)Section 404 on internal controls
• D)Section 505 on money laundering

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Definitions:

Valid

Something that is logically sound, well-founded, or acceptable as per current laws or principles.

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Priorities

The tasks, activities, or goals deemed most important and thus are to be addressed or completed before others.