Which of the following is NOT a Sarbanes-Oxley (SOX) Act requirement?
A) Formal implementation of a maturity model
B) Ensuring that financial statements are reviewed by management
C) Formal data security policy that is communicated and enforced
D) Companies ensure the protection of all financial data in storage and use.

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley (SOX) Act does not specifically require the formal implementation of a maturity model. It focuses on financial transparency, accuracy, and the implementation of controls to prevent fraud, but does not mandate a specific maturity model for compliance.

Which of the Following Is NOT a Sarbanes-Oxley (SOX) Act