The Sarbanes-Oxley Act of 2002 requires the chief executive officer of a publicly-traded corporation to _____.
A) keep confidential the procedures used to construct and report financial statements.
B) certify financial reports that are submitted to the Securities and Exchange Commission.
C) pursue interests that result in large gains for them and large losses for stockholders
D) oversee the corporation's audit and attest the audit report
E) render an unbiased (independent) opinion concerning the firm's financial statements

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 requires the CEO to certify financial reports that are submitted to the Securities and Exchange Commission. This certification indicates that the financial reports are accurate and complete to the best of the CEO's knowledge. This is part of the act's efforts to improve the accuracy and reliability of financial information reported by public companies.

The Sarbanes-Oxley Act of 2002 Requires the Chief Executive Officer