Which of the Following Is Not a Requirement Imposed by the SOX

question 11

Multiple Choice

Which of the following is not a requirement imposed by the SOX Corporate Governance Framework?

• A)The audit committee must be comprised solely by independent directors
• B)The audit committee is responsible for appointing the company's external auditor
• C)The audit committee must establish procedures to allow employees to submit anonymous complaints
• D)The audit committee must approve non audit services to be provided by the auditors
• E)The audit committee must be comprised solely by financial experts

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Definitions:

African Americans

A racial or ethnic group in the United States with ancestors who are predominantly from Sub-Saharan Africa, sharing a common heritage and cultural experiences.

Commonwealth

A political community founded for the common good, often used to describe a group of sovereign states connected by a common history or purpose, such as the Commonwealth of Nations.

The Philippines

A Southeast Asian country in the Western Pacific, comprising more than 7,000 islands.

United States

A country in North America comprising 50 states, known for its significant influence on global politics, economy, and culture.