What Is Required by the Sarbanes-Oxley Act of 2002 in Regard

question 3

Multiple Choice

What is required by the Sarbanes-Oxley Act of 2002 in regard to the certification of the accuracy of public companies' SEC filings and the adequacy of internal controls?

• A) The chief executive officer,the chief financial officer,and all inside directors must certify the accuracy of public companies' SEC filings and the adequacy of internal controls.
• B) The chief executive officer,the chief financial officer,and any controlling shareholder must certify the accuracy of public companies' SEC filings and the adequacy of internal controls.
• C) The chief executive officer and the chief financial officer must certify the accuracy of public companies' SEC filings and the adequacy of internal controls.
• D) The chief executive officer,the chief financial officer,and all outside directors must certify the accuracy of public companies' SEC filings and the adequacy of internal controls.

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Definitions:

VPN

Virtual Private Network; a service that encrypts your internet connection and hides your online identity.

Public-Key Encryption

A cryptographic system that uses pairs of keys: public keys which may be disseminated widely, and private keys which are known only to the owner.

Private Key

A secret key used in encryption algorithms, kept confidential by the owner, for securing digital communications or transactions.

Public Key

A public key is part of a cryptographic key pair used in public-key cryptography that is made available publicly for encrypting messages or verifying signatures, while the corresponding private key remains secret.