The Sarbanes-Oxley Act of 2002:
A) requires companies to switch external auditors every two years.
B) requires companies to consider adopting a system of internal controls.
C) prohibits external auditors from auditing a public client and providing consulting services to the client.
D) created the Securities and Exchange Commission.
Correct Answer:
Verified
Q18: Which of the following is a true
Q19: The type of fraud committed by employees
Q20: Fraudulent financial reporting is committed by company
Q21: Internal control is so critical to a
Q24: Which is NOT an objective of an
Q25: The Public Company Oversight Board was created
Q26: Smart hiring practices and separation of duties
Q28: A fidelity bond is a(n):
A)employment contract for
Q29: Small companies cannot have internal controls since
Q34: Internal control is a plan of organization
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