Public Reporting on the Effectiveness of Internal Control Over Financial

question 16

Multiple Choice

Public reporting on the effectiveness of internal control over financial reporting,as required by the Sarbanes-Oxley Act,includes

• A) A statement that the public accounting firm that audited the financial statements has provided input on the design of internal controls.
• B) A statement of management's responsibility for establishing and maintaining adequate internal control over financial reporting.
• C) An explicit statement as to whether management agrees with the public accounting firm's assessment of internal controls.
• D) A detailed statement describing changes or additions to the internal control environment that occurred in the current year.

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Definitions:

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A phrase often used to dismissively categorize issues predominantly affecting women as lesser or insignificant.

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