The Sarbanes-Oxley Act of 2002

question 11

Multiple Choice

The Sarbanes-Oxley Act of 2002

• A) is not required for foreign firms registered on US exchanges.
• B) prohibits real time financial statements on the Internet.
• C) is also required for IFRS
• D) requires annual internal control report that is assessed by an independent auditor.

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Definitions:

Complex Fraction

This refers to a fraction wherein the numerator and/or denominator is also a fraction.

Simplify

Simplifying a mathematical expression or equation involves breaking it down to its most basic form to make it simpler to comprehend or resolve.

Complex Fraction

A fraction in which either the top number, bottom number, or both are themselves fractions.

Complex Fraction

A complex fraction is a fraction in which the numerator, the denominator, or both contain fractions themselves.