The Sarbanes- oxeye Act requires that companies must. A. Conduct customer survey

Question

The Sarbanes- oxeye Act requires that companies must. A. Conduct customer surveys each year to ensure satisfaction with products and service. B document internal controls and assess their edequary each year. C. Pay taxes owned to the Internal service by the tax filing date. D. Devise a budget each year to ensure cash outflows are not greater than cash flow.

The components of internal control do not directly include. A risk asset. B inflation adjustment. C. Monitoring. D control activities

Which employees are the ones who must take final responsibility for the establishment and success of internal controls? A. Top executives. B. Mid level managers. C. Lower level employees. D. All employees.

Explanation / Answer

According to the Section 404 of Sarbanes-Oxley, company management shall assess and publicly report on the effectiveness of the company's internal controls.

Therefore, The correct option is B. document internal controls and assess their edequary each year.

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