SOX requires:
A) public companies to report all off-balance sheet transactions
B) management to accept responsibility for maintaining adequate internal controls
C) Officers to certify that company accounts fairly present the results of operations
D) all of the above.

Question

Quizplus · Accepted Answer

All three requirements are mandated by the Sarbanes-Oxley Act (SOX). Public companies must report all off-balance sheet transactions, management must accept responsibility for maintaining adequate internal controls, and officers must certify that company accounts fairly present the results of operations.

SOX Requires