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Which of These Is True About Sarbanes-Oxley Act

Question 48

Multiple Choice

Which of these is true about Sarbanes-Oxley Act?


A) The CEO and CFO must verify every report containing the company's financial statements
B) The directors and executive officers are required to trade the company's 401(k) plan, profit sharing plan and retirement plan during the black out period
C) Companies are required to extend personal loans to its executives and directors
D) The Act requires that the audit committee must be composed entirely of inside officers

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