The Major Components of the Sarbanes-Oxley Act Include All of the Following

question 24

Multiple Choice

The major components of the Sarbanes-Oxley Act include all of the following except

• A)accounting regulation-The creation of a public accounting oversight board charged with overseeing the auditing of public companies, and restricting the consulting services that auditors can provide to clients.
• B)audit committee-the company should appoint independent "financial experts" to its audit committee.
• C)shareholder voting rights reform-"one share one vote" is now the law of the land.
• D)executive responsibility-CEOs and CFOs must sign off on the company's financial statements.

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Definitions:

Stomach

The stomach is a muscular organ located in the upper abdomen that plays a key role in the digestive system by secreting acid and enzymes to digest food before it moves into the small intestine.

Vomiting

The forceful expulsion of stomach contents through the mouth, which can be a symptom of various conditions or a reaction to substances.

Eating

The act of consuming food to supply the body with necessary nutrients for energy, growth, and cell repair.

Conversion Disorder

A psychological disorder where an individual experiences symptoms such as blindness or paralysis, which lack a medical explanation according to nervous system evaluations.