The SOX Act Requires ________

question 75

Multiple Choice

The SOX Act requires ________.

• A)the executives to be CPAs
• B)the external auditors to prepare as well as audit their client's financial statements
• C)a report on the effectiveness of the company's internal controls be included with its annual report
• D)executive compensation no longer be tied to earnings

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Definitions:

Quality Commitment

A pledge or an obligation undertaken by a company to uphold high standards in its products or services.

Job Satisfaction

The level of fulfillment, contentment, and happiness that an individual experiences in their job.

High Level

Pertaining to activities or decisions that involve overarching goals, strategies, or priorities, often affecting an entire organization.

Behavioural Discontent

A state of dissatisfaction or unrest expressed through behavior, often as a response to perceived inequities or unmet expectations.