An important factor in good corporate governance is ________.
A) an ethical climate set by top management
B) an audit committee that reports directly to the company's CFO
C) a board of directors that delegates all major financial decisions to management
D) a board of directors whose members all have financial backgrounds
Correct Answer:
Verified
Q127: The PCAOB has the charge of overseeing
Q128: As a result of the Sarbanes-Oxley Act
Q129: The SOX Act requires external auditors _.
A)provide
Q130: Who hires a company's external auditors?
A)management
B)the audit
Q131: What is the purpose of the PCAOB
Q133: What are some of the new responsibilities
Q134: The SOX Act requires _.
A)the CEO and
Q135: Who is responsible for giving an opinion
Q136: What are some of the new responsibilities
Q137: What does PCAOB stand for?
A)Public Certified Accountants
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