Which of the following is not true concerning the Sarbanes Oxley legislation Multiple Choice The audit committee is now required to select the outside auditor rather than the management of the company. It requires the top officers to be personally liable for the filed financial statements It was passed as a legislative response to the Fannie Mae mortgage scandal. It requires rotation of the Audit Partner every five years Which of the following is not one of the Big Four CPA firms? Multiple Choice KPMG PricewaterhouseCoopers Deloitte and Touche Arthur Andersen