Section 302 also charges the CEO and CFO with:
A) Designing an internal control system so that they become aware of all information relevant to the reports.
B) Designing a financial statement system that exceeds GAAP.
C) Establishing a repository of comparative ratio analysis against their main competition.
D) Forming an ad-hoc committee to review the quarterly and annual financial statements prior to submission to the SEC.
Correct Answer:
Verified
Q2: Section 301 requires compliance with its provisions
Q3: Under SOX Title XI, what is the
Q4: Are personal loans allowed to directors and
Q5: Who administers the SEC?
A) 5 appointed officials
Q6: Under Title IV, what is the change
Q7: Which of the following does Section 201
Q8: Under Section 302, the CEO and CFO
Q9: Which president said in reference to SOX:
Q10: Which title of the SOX has an
Q11: In regards to the accounting industry, what
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