The Sarbanes-Oxley Act Requires All of the Following Except

question 32

Multiple Choice

The Sarbanes-Oxley Act requires all of the following except?

• A)That audit partners rotate every five years to limit the likelihood that auditing relationships become too cozy over long periods of time.
• B)Strict limits on the amount of non-audit fees (consulting or otherwise)that an accounting firm can earn from the same firm that it audits.
• C)That senior management and the boards of public companies to be comfortable enough with the process through which funds are allocated and controlled,and outcomes monitored throughout the firm,to be willing to attest to their effectiveness and validity.
• D)The Auditor must personally attest to the accuracy of the financial statements presented to shareholders and to sign a statement to that effect.

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Definitions:

Sexually Passive

A tendency or preference for being inactive or non-dominant during sexual activity, often allowing the partner to lead.

Victorian American

Refers to the period and cultural influences in the United States that parallel the Victorian era in Britain, characterized by conservative morals, manners, and social ideals.

Male-Male Relationship

A romantic or sexual relationship between two individuals who both identify as male.

Ancient Greece

A civilization centered around the Mediterranean region, known for its significant contributions to art, philosophy, and politics during the classical period.