Which of the Following Is NOT Covered Under the Sarbanes-Oxley

question 10

Multiple Choice

Which of the following is NOT covered under the Sarbanes-Oxley Act of 2002 (SOX) ?

• A) the responsibilities of shareholders
• B) the responsibilities of the board of directors
• C) the responsibilities of management
• D) the responsibilities of auditors
• E) conflicts of interest

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Definitions:

Ranges

In the context of appliances, refers to kitchen stoves that combine a cooktop with an oven; in broader use, can mean a variety of distances or scopes.

Forecasting Risk

The potential for actual outcomes to vary significantly from the predictions or expectations due to changes in variables or conditions.

Replacement

The act of substituting a new asset or item for an old or damaged one.

Internal Rate

Often referring to the internal rate of return (IRR), which is the rate of growth a project is expected to generate, calculated as the rate of discount that makes the net present value (NPV) of all cash flows from a particular project equal to zero.