Which of the following is not part of Sarbanes-Oxley?
A) An increased duty on the part of auditors to identify financial statement fraud.
B) A requirement that the CEO and CFO certify the financial statements.
C) Increased penalties for destruction of records in federal investigations.
D) Increased penalties for mail fraud and criminal violations of the Securities Exchange Act of 1934.

Question

Quizplus · Accepted Answer

Sarbanes-Oxley does not specifically increase the duty of auditors to identify financial statement fraud; it focuses more on internal controls, corporate governance, and accountability of executives.

Which of the Following Is Not Part of Sarbanes-Oxley