Under Sarbanes-Oxley, chief executives and chief financial officers must sign off on financial reports and certify their accuracy under penalty of jail and/or personal fines.

Question

Quizplus · Accepted Answer

This statement is true. Under Sarbanes-Oxley, the CEO and CFO are required to certify the accuracy of financial reports and are subject to penalties, including jail time and personal fines, for any false statements or misrepresentations.

Under Sarbanes-Oxley, Chief Executives and Chief Financial Officers Must Sign