The Sarbanes-Oxley Act Requires

question 24

Multiple Choice

The Sarbanes-Oxley Act requires:

• A) all public companies to issue reports on internal controls.
• B) all public companies to define adequate internal controls.
• C) the auditor of public companies to design effective ICFR.
• D) the auditor of public companies to provide recommendations to correct material weaknesses.

Understand the importance of setting correct network profiles and permissions to ensure functionality and security.

Understand the implementation and management of IT security measures.

Recognize the different scripting languages and their appropriate contexts for use.

Identify remote access tools and techniques.

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Definitions:

Depreciation Expense

The process of charging a portion of the cost of an asset to expense over its expected useful life, reflecting the asset’s consumption or wear and tear.

Capital Spending

Expenditures by a company on physical assets such as buildings, equipment, or machinery, intended to improve its long-term operations.

Sales

The total amount of goods and services sold by a company within a specific period, indicating the company's ability to generate revenue.

Dividends Paid

The portion of a company's earnings distributed to shareholders, typically in the form of cash payments or additional shares.