Solved

Which of the Following Statements Is True of Section 407

Question 21

Multiple Choice

Which of the following statements is true of Section 407 of the Sarbanes-Oxley Act?


A) It mandates that all members of a public company audit committee must be independents.
B) It requires that management file an internal control report with its annual report each year.
C) It addresses the disclosure of audit committee financial expert.
D) It outlines the codes of ethics for senior financial officers.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents