Which of the following is required by the Sarbanes-Oxley Act of 2002?
A) A price-earnings ratio.
B) A report on internal control.
C) A vertical analysis.
D) A common-sized statement.

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act of 2002 requires a report on internal control, specifically Section 404, which mandates that public companies must assess and report on the effectiveness of their internal control over financial reporting. The other choices, price-earnings ratio, vertical analysis, and common-sized statement, are not specifically required by the act.

Which of the Following Is Required by the Sarbanes-Oxley Act