Which of the following statements is characteristic of the Sarbanes-Oxley Act?
A) The clients of a public accounting firm may appoint an employee of the accounting firm as its chief accounting officer six months after the audit.
B) A person who receives compensation for any duties from a public corporation cannot be appointed as a member of its audit committee.
C) It assigns an audit partner for each audit by a certified public accounting firm.
D) It subjects all public accounting firms to annual review and inspection by the PCAOB.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is characteristic of the Sarbanes-Oxley Act?
A) The clients of a public accounting firm may appoint an employee of the accounting firm as its chief accounting officer six months after the audit.
B) A person who receives compensation for any duties from a public corporation cannot be appointed as a member of its audit committee.
C) It assigns an audit partner for each audit by a certified public accounting firm.
D) It subjects all public accounting firms to annual review and inspection by the PCAOB.

Which of the Following Statements Is Characteristic of the Sarbanes-Oxley