Sarbanes-Oxley Act of 2002 requires companies maintain an adequate ________ structure over the business processes that support financial reporting.
A) risk assessment
B) internal control
C) assurance assessment
D) reliability process

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 requires companies to maintain an adequate internal control structure over the business processes that support financial reporting. This includes implementing controls and procedures to ensure the accuracy and reliability of financial statements, as well as identifying and mitigating potential risks. The other options (A, C, and D) are not specifically mentioned in the requirement for internal control structure.

Sarbanes-Oxley Act of 2002 Requires Companies Maintain an Adequate ________