The Sarbanes-Oxley Act of 2002 Contains All of the Following

question 13

Multiple Choice

The Sarbanes-Oxley Act of 2002 contains all of the following provisions EXCEPT:

• A) A CFO must be a CPA or CMA.
• B) The audit committee of the board of directors of a company must hire, compensate, and terminate the public accounting firm that audits the company's financial reports.
• C) Severe penalties are established for altering or destroying documents that may eventually be used in an official proceeding.
• D) Both the CEO and CFO must certify in writing that their company's financial statements and accompanying disclosures fairly represent the results of operations.

---

Definitions:

Diverse Groups

Collections of individuals from various backgrounds and characteristics, including ethnicity, culture, gender, and age, leading to heterogeneity in a population or organization.

Social Conflict

Disagreements or disputes between social groups that can arise from differences in interests, beliefs, or values.

Phenomenologists

Researchers who study human consciousness and the way individuals experience and interpret the world around them, emphasizing subjective experiences.

Positivist View

A perspective in sociology and criminology that emphasizes the application of scientific methods and techniques to the study of human behavior, often focusing on the causes of crime and the nature of criminals.