Which of the Following Is Not a Requirement of a Company's

question 184

Multiple Choice

Which of the following is not a requirement of a company's external auditors under Sarbanes-Oxley?

• A) They must give an opinion that management's assessment that the internal control system over financial reporting is fairly stated.
• B) They must give an opinion that the company maintained an effective internal control system over financial reporting.
• C) They must design and implement an effective information system design.
• D) They cannot perform any brokerage services for the company.

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Definitions:

Socioeconomic Status

A measure of an individual's or family's economic and social position in relation to others, based on income, education, and occupation.

Social Status

The position or rank of a person or group within the society based on various factors such as wealth, occupation, education, family lineage, etc.

Education Background

Refers to the formal schooling and training an individual has received, including degrees, certifications, and other educational achievements.

Proximal Process

Reciprocal interactions between an organism and its immediate environment, which are primary engines of development according to the bioecological model.