Sarbanes-Oxley Act of 2002

question 41

Multiple Choice

Sarbanes-Oxley Act of 2002

• A) has costs in excess of benefits
• B) does not apply to foreign subsidiaries
• C) will have the IT function as an important part of compliance
• D) requires management to eliminate financial misstatements

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Definitions:

Quantity Variances

Differences between the expected and actual quantities of materials or products used or produced, influencing cost and efficiency.