Which of the following is not one of the provisions of the Sarbanes-Oxley Act of 2002? a.

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Which of the following is not one of the provisions of the Sarbanes-Oxley Act of 2002?

a. The company's auditors assume responsibility for the financial statements.

b. The penalties (i.e., prison time and fines) for corporate fraud were increased.

c. At least one audit committee member should be a financial expert.

d. The CEO and CFO must certify that the financial statements fairly present the company's operations and financial condition.

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Managerial Accounting

ISBN: 12

2nd Edition

Authors: Karen Braun, Linda S Bamber

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