Which of the Following Statements Is True of Title II

question 70

Multiple Choice

Which of the following statements is true of Title II of the Sarbanes-Oxley Act?

• A)It allows public accounting firms to audit a company whose CEO was employed by that accounting firm within the past 12 months.
• B)It encompasses the Public Company Accounting Oversight Board and allows publicly traded companies to be audited independently.
• C)It requires senior auditors to rotate off an account every five years and junior auditors every seven years.
• D)It permits auditors to keep written communications between management and themselves private.