SOX Contained Sections with Regard to the Audit And/or Audit

question 6

Multiple Choice

SOX contained sections with regard to the audit and/or audit committee that were designed to

• A) increase the independence of management.
• B) increase the financial literacy of audit committee members.
• C) limit the conflicts of interest related to the services an auditor can perform.
• D) restrict the ability of auditors to serve on the audit committee.
• E) increase the independence of management and limit the conflicts of interest related to the services an auditor can perform.

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Definitions:

Blood Vessels

Tubular structures carrying blood through the tissues and organs; a vital part of the circulatory system.

Schedule II

A classification of drugs considered to have a high potential for abuse but also legitimate medical use.

Controlled Substance

a drug or chemical whose manufacture, possession, or use is regulated by government due to its potential for abuse or addiction.

Vasodilators

Medications or substances that relax and expand blood vessels, improving blood flow and reducing blood pressure.