Which of the Following Is a Requirement of the Sarbanes-Oxley

question 147

Multiple Choice

Which of the following is a requirement of the Sarbanes-Oxley Act?

• A) An outside auditor must evaluate the client's internal controls and report on the internal controls as part of the audit report.
• B) The Public Company Accounting Oversight Board must conduct audits of public companies.
• C) The accounting firm that audits a public client must also provide consulting services for the same client.
• D) The Public Company Accounting Oversight Board must create new accounting standards.

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Definitions:

Volcano

a geological structure through which magma and gases are expelled from the Earth's mantle to the surface.

Red Triangle

An area in the Pacific Ocean off the coast of Northern California noted for a high number of unprovoked shark attacks.

Safest Location

The area determined to have the lowest risk or threat to human life and property in the context of natural disasters or emergencies.

Houses

Structures serving as living quarters for one or more persons, especially for a family.