Solved

Match Each Responsibilities Required by the SOX Act with Each

Question 159

Matching

Match each responsibilities required by the SOX Act with each group(item).

Premises:
must establish an avenue for reporting fraudulent activities anonymously
must establish an audit committee
must oversee the auditing profession
must maintain independence and assess the company's internal control system
Responses:
external auditors
management
PCAOB
board of directors

Correct Answer:

must establish an avenue for reporting fraudulent activities anonymously
must establish an audit committee
must oversee the auditing profession
must maintain independence and assess the company's internal control system
Related Questions

Q149: U.S.GAAP is more rule-based than IFRS.

Q150: Corporate governance describes how a firm governs

Q151: Good corporate governance requires the financial statements

Q152: Which of the following is an indication

Q153: Unlike U.S.GAAP,IFRS do not allow for alternative

Q154: Describe how U.S.GAAP differ from IFRS in

Q155: U.S.GAAP differs from IFRS in that U.S.GAAP

Q156: IFRS _.
A)have more standards than U.S.GAAP
B)have more

Q157: Name two characteristics of good corporate governance.

Q158: Match each of the following items with

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