Which of the Following Statements Is True of Section 407

question 1

Multiple Choice

Which of the following statements is true of Section 407 of the Sarbanes-Oxley Act?

• A)It mandates that all members of a public company audit committee must be independents.
• B)It requires that management file an internal control report with its annual report each year.
• C)It addresses the disclosure of audit committee financial expert.
• D)It outlines the codes of ethics for senior financial officers.

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