Under the Sarbanes-Oxley Act, which of the following bodies must contain members that are 100% independent of management?
A) Board of directors
B) Audit committee
C) Internal auditors
D) All of these

Question

Quizplus · Accepted Answer

The Sarbanes-Oxley Act mandates that the audit committee must consist of members that are 100% independent of management. The board of directors and internal auditors do not have to be entirely independent, although they must have some level of independence.

Under the Sarbanes-Oxley Act, Which of the Following Bodies Must