Section ______________________________ of the Sarbanes-Oxley Act of 2002 Requires Management

question 23

Short Answer

Section ______________________________ of the Sarbanes-Oxley Act of 2002 requires management to identify, document and evaluate significant internal controls.

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Definitions:

Revocation Exceptions

Specific circumstances under which the withdrawal or cancellation of an offer, right, or privilege is not permitted.

Destruction of Subject Matter

The termination of a contract due to the accidental destruction of the contract's subject matter, leaving the agreement without a base.

Accidental Destruction

describes the unintentional damage or ruin of an object, property, or material, often due to unforeseen circumstances or events.

Auction Without Reserve

An auction in which the item for sale will be sold regardless of price, with no minimum bid set.