Which the Following Is a "Reportable Event," as That Term

question 40

Multiple Choice

Which the following is a "reportable event," as that term is defined in the Sarbanes-Oxley Act?

• A) A CPA firm partner successfully is sued a lender for failing to pay principal and interest on her home mortgage
• B) A CPA firm audit partner is successfully prosecuted by local authorities for domestic violence
• C) A CPA firm partner is sued by a former client for committing audit malpractice
• D) All of the above

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Definitions:

Hepatitis B

A viral infection that affects the liver and can lead to chronic liver disease or liver cancer.

Urinary Tract Infection

An infection that can affect any part of the urinary system, including kidneys, ureters, bladder, and urethra.

Diarrhea

Frequent bowel movements, usually liquid or semisolid.

OSHA

The Occupational Safety and Health Administration, a U.S. government agency responsible for ensuring safe and healthy working conditions.