The Sarbanes-Oxley Act of 2002 Does Not Apply to

question 50

Multiple Choice

The Sarbanes-Oxley Act of 2002 does not apply to

• A)public companies with assets over $300 million.
• B)public companies with assets under $1 million.
• C)privately owned companies.
• D)companies established after 2002.

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Definitions:

Natural Gas

An energy-producing fossil fuel that predominantly contains methane, utilized for heating, cooking, and generating electricity.

Net Energy Ratio

A metric that compares the amount of energy produced to the amount of energy used to produce it.

Natural Gas

A fossil fuel composed primarily of methane, used for heating, electricity generation, and as a fuel for vehicles.

Gasoline

A volatile, flammable liquid derived from crude oil, used primarily as fuel in internal combustion engines.