All of the Following Are Requirements of the Sarbanes-Oxley Act

question 187

Multiple Choice

All of the following are requirements of the Sarbanes-Oxley Act (SOX) except:

• A)tip lines that allow employees to secretly submit concerns about questionable accounting or auditing practices.
• B)fines of up to $5 million plus repayment of any fraud proceeds.
• C)evaluation and reporting on the effectiveness of internal control over financial reporting for large public companies by external auditors.
• D)evaluation and reporting on the effectiveness of internal control over financial reporting for all public companies by management with disclosure that management is not responsible for the internal control system.

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Definitions:

Repeater

A device that receives a signal and retransmits it at a higher power or to the other side of an obstruction, so that the signal can cover longer distances without degradation.

Network Protocol

A formal set of rules and conventions that govern how data is communicated over a network, ensuring successful data transmission between different devices.

Data Transmission

The process of transferring data between two or more entities through any transmission medium, whether it's wired, wireless, or fiber optics.

Network Devices

Hardware components that are used to connect computers or other electronic devices together so they can share files, resources, or communicate.