Section 404 of the Sarbanes-Oxley Act Includes Which of the Following

question 46

Multiple Choice

Section 404 of the Sarbanes-Oxley Act includes which of the following?

• A)A requirement that management of a publicly traded company issues an assessment of internal control that covers the entire year.
• B)Specific guidance on what constitutes adequate internal control.
• C)A requirement that management of a publicly traded company accepts responsibility for establishing and maintaining adequate internal controls.
• D)A requirement that management of a publicly traded company issues an assessment regarding the efficiency of internal control for the year.

Recognize the trade-offs between test types (open-ended vs. multiple-choice) in terms of reliability.

Understand predictive validity estimates for cognitive ability tests in educational settings.

Recognize the purpose and content areas of widely used standardized tests.

Understand the significance of assessing readiness and progression in educational contexts.

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Definitions:

Ratio

Shows the relative sizes of two or more values.

Quart

A unit of liquid volume equivalent to a quarter of a gallon, or approximately 0.946 liters.

Abbreviation

A shortened form of a word or phrase used to save space or time in written communication.

Numerator

The top number in a fraction that indicates how many parts of a whole are being considered.