The Sarbanes-Oxley Act of 2002 requires management to acknowledge its responsibility for internal control
A)in the company's annual report.
B)in a public statement posted on social media.
C)in a posted notice at the front of company headquarters.
D)in all of these.

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 requires management to acknowledge its responsibility for internal control in the company's annual report. This is a formal, transparent and easily accessible way for companies to communicate their responsibility for internal controls to stakeholders. Posting on social media or a notice at the front of company headquarters may not be as formal or easily accessible to stakeholders as an annual report.

The Sarbanes-Oxley Act of 2002 Requires Management to Acknowledge Its