Under the Sarbanes-Oxley Act,the Use of a Concurring Audit Partner

question 15

Multiple Choice

Under the Sarbanes-Oxley Act,the use of a concurring audit partner on an audit engagement for a company regulated by this Act is:

• A) Mandatory, under all circumstances
• B) Mandatory, only if the audit client has been cited by the SEC for failing to present its financial statements in conformity with GAAP during the preceding five-year period
• C) Recommended, but optional as long as the absence of a concurring partner is disclosed to the SEC
• D) Recommended, but optional as long as the absence of a concurring partner is disclosed as an integral part of the audit client's financial statements

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Definitions:

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