HVAC Heating & Air Conditioning,Inc. ,is a public company whose shares are traded in the public securities markets.Under the Sarbanes-Oxley Act of 202,to ensure that HVAC's financial results are accurate and timely,the firm's senior officers must set up and maintain

Question

HVAC Heating & Air Conditioning,Inc. ,is a public company whose shares are traded in the public securities markets.Under the Sarbanes-Oxley Act of 202,to ensure that HVAC's financial results are accurate and timely,the firm's senior officers must set up and maintain​

Quizplus · Accepted Answer

Under the Sarbanes-Oxley Act of 2002, senior officers of public companies are required to establish and maintain internal controls and procedures to ensure accurate financial reporting. These controls and procedures are known as "disclosure controls and procedures" and are designed to ensure that any material information is disclosed in a timely and accurate manner. Therefore, choice A is the best option. Choices B, C, and D are not relevant to the requirements of the Sarbanes-Oxley Act.