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:

Success of an Organization

A measure determined by the ability of an organization to meet its goals and objectives, often reflected in its profitability, market share, and stakeholder satisfaction.

Salespeople

Individuals engaged in the selling of goods and services, often acting as the primary point of contact between a business and its customers.

Sales Wisdom

Insightful knowledge and experience pertaining to effective sales strategies and practices.

Long-term Account Penetration

The strategic effort to deepen and expand the business relationship with a client over a prolonged period.