Under Section 404 of the Sarbanes-Oxley Act,auditors Are Required To

question 11

Multiple Choice

Under section 404 of the Sarbanes-Oxley Act,auditors are required to:

• A)Attest to and report on management's assessment of internal controls.
• B)Establish and maintain internal controls for audited companies.
• C)Advise management on its preparation of the Report on Internal Controls.
• D)Evaluate the company's internal control system periodically throughout the year.
• E)All of thesE.

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Definitions:

Social Differentiation

The process by which a society becomes increasingly complex through the development of specialized social roles and institutions.

Types of Society

Refers to categories or classifications of societal organizations and structures, based on their dominant characteristics like economy, social cohesion, and technology.

Social Control

Mechanisms, strategies, and institutions used by society to regulate individual behavior and maintain social order.

Gemeinschaft Society

A term introduced by sociologist Ferdinand Tönnies to describe a community or society characterized by close, personal relationships and strong social cohesion.