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Section 404 Requires That Corporate Management (Including the CEO)certify Their

question 108

True/False

Section 404 requires that corporate management (including the CEO)certify their organization's internal controls on a quarterly and annual basis.


Definitions:

Extraorganizational

Extraorganizational refers to activities, practices, or influences that exist or occur outside the boundaries of a specific organization.

Ad Hoc Reports

Custom reports generated to meet specific criteria at a particular time, not scheduled or part of regular reporting.

Configure-to-order

A manufacturing process where products are assembled and configured according to the specific requirements of the customer after the order is received.

Procurement

The process of acquiring goods, services, or works from an external source, often involving tendering or bidding.

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