According to Sarbanes-Oxley, Which One of the Following Services Is

question 102

Multiple Choice

According to Sarbanes-Oxley, which one of the following services is an accounting firm permitted to provide to its audit client?

• A) Bookkeeping or other services related to the accounting records or financial statements
• B) Internal audit outsourcing services
• C) Legal services and expert services unrelated to the audit
• D) Opinions about the reliability of internal controls

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Definitions:

Routine Claims

Standard or regularly occurring requests or reports, often seen in insurance or customer service settings, requiring procedural response.

Warranties

Guarantees issued by a manufacturer or seller concerning the condition of a product and the promise of repair or replacement within a specified period.

Contractual Conditions

The terms and specifications agreed upon by parties in a contract, outlining obligations, rights, and requirements for fulfillment.

Acknowledgment Message

A communication that confirms the receipt of something, such as a document, email, or request.