The internal control provisions of SOX apply to which companies in the United States?
A)All companies.
B)SEC registrants.
C)All issuer (public)companies and nonissuer (nonpublic)companies with more than $100,000,000 of net worth.
D)All nonissuer companies.

Question

Quizplus · Accepted Answer

The internal control provisions of SOX apply to SEC registrants, which are publicly traded companies in the United States that are required to register with the Securities and Exchange Commission. These companies are subject to more stringent regulations and reporting requirements than nonpublic companies.

The Internal Control Provisions of SOX Apply to Which Companies