Which of the Following Is NOT a Requirement of Section

question 12

Multiple Choice

Which of the following is NOT a requirement of Section 10A of the Securities Exchange Act of 1934 for auditors of public companies with respect to illegal acts?

• A) Determine whether it is likely that an illegal act has occurred
• B) Determine what the possible effect of the illegal act is on the financial statements
• C) Determine whether management participated in the illegal act
• D) Inform management and assure that the audit committee knows about any material illegal act that has been detected

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Definitions:

Right Forearm

The lower part of the right arm between the elbow and the wrist.

Dehiscence

The reopening of a wound along a surgical incision or a traumatic injury site, often due to incomplete healing.

Visceral Organs

Encompasses the organs within the main cavities of the body, especially those within the abdominal cavity, such as the liver, stomach, and intestines.

Malodorous

Having a bad smell; emitting an unpleasant odor.