Which One of the Following Is a Key Requirement of the Sarbanes-Oxley

question 56

Multiple Choice

Which one of the following is a key requirement of the Sarbanes-Oxley Act?

• A)Officers of the corporation must now own at least five percent of the firm's stock.
• B)Officers of the corporation must review and sign the annual reports.
• C)Annual reports must list the strengths of the internal controls.
• D)Firms must "go dark" every 5 years.
• E)Monthly financial statements must be provided to all shareholders.

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Definitions:

Direct Mail

A marketing technique that involves sending promotional materials or advertisements through postal mail directly to potential customers.

Radio

A technology for the transmission of audio through electromagnetic waves, allowing for wireless communication over long distances.

Magazine

A publication, usually periodical, that contains articles, photographs, and advertisements.

Target Market

A specific group of consumers at whom a company aims its products or services, identified by shared characteristics.