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As a result of the Sarbanes-Oxley Act, which of the following statements is false? Top management must now take more responsibility for the company's financial

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As a result of the Sarbanes-Oxley Act, which of the following statements is false? Top management must now take more responsibility for the company's financial information; this includes certifying the accuracy of the financial statements and reporting on the effectiveness of the company's internal control structure Audit committee members must be independent of the company's management All Board of Directors members must be independent of management The Public Company Accounting Oversight Board (PCAOB) was created to regulate auditing firms, and all firms that audit publicly traded companies must register with the PCAOB

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