Nine of the First Ten Amendments to the Constitution Placed

question 8

Multiple Choice

Nine of the first ten amendments to the Constitution placed limits on the

• A) states.
• B) new government.
• C) rights of individuals.
• D) courts.
• E) presidential cabinet.

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Definitions:

Sarbanes Oxley Act

A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures.

Internal Controls

Processes and procedures designed to ensure the integrity of financial and accounting information, promote accountability and prevent fraud.

Financial Reporting

The process of producing statements that disclose an organization's financial status to management, investors, and regulators.

Independent Internal Verification

A process within a company to check the accuracy and completeness of transactions by having them reviewed by a third party or separate department.