Practice Question 04 Which of the following is not a result of the Sarbanes-Odey

Question

Practice Question 04 Which of the following is not a result of the Sarbanes-Odey Act? O All publidy traded companies must maintain adequate internal controls. ?The Public Company Accounting Oversight Board was created to establish auditing standards and regulate auditor activity. O Corporate exeautives and board of directors must ensure that controls are reliable and efective, and they can be fined or imprisoned for faiture to do so. O Companies must fle financial statements with the Internal Revenue Service.

Explanation / Answer

4) companies must file financial statements with the Internal Revenue Service 13) Segregation of duties 15) independent internal verification 17) independent internal verification

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