Under the Sarbanes-Oxley Act,a CFO May

question 19

Multiple Choice

Under the Sarbanes-Oxley Act,a CFO may:

• A) Delegate the task of certifying company financial statements to the company's designated Chief Compliance Officer
• B) Delegate the task of certifying company financial statements to the company's top accounting executive, commonly called the Controller of the Chief Accounting Officer
• C) Delegate the task of certifying company financial statements to one or more heads of company subsidiaries or divisions through the use of subcertifications
• D) Not delegate the responsibility for certifying company financial statements

---

Definitions:

Derived Demand

Refers to the demand for a good or service that arises from the demand for another related good or service.

Derived Demand

The need for a product or service resulting from the need for another product or service, like how the demand for cars drives the need for steel.

Final Demand

The demand for finished goods and services by consumers, businesses, and the government, excluding intermediate goods used in production.

MRP Curve

Marginal Revenue Product Curve, representing the extra revenue produced from hiring an additional unit of a resource.