Bernie is the chief executive officer of Cooking Network, Inc., which is required to file certain financial reports with the Securities and Exchange Commission (SEC). Under the Sarbanes-Oxley Act of 2002, Bernie must

Question

Bernie is the chief executive officer of Cooking Network, Inc., which is required to file certain financial reports with the Securities and Exchange Commission (SEC). Under the Sarbanes-Oxley Act of 2002, Bernie must​

Quizplus · Accepted Answer

Under the Sarbanes-Oxley Act, CEOs are required to certify that their company's financial reports are complete and accurate. Therefore, Bernie must choose option A. He cannot choose option B because the Act requires CEOs themselves to assume liability for inaccuracies. He cannot choose option C because the Act imposes certain obligations on CEOs of public companies. Option D is not sufficient because simply reading the reports is not enough; CEOs must certify their accuracy as well.

Bernie Is the Chief Executive Officer of Cooking Network, Inc