Question

signment: Chapter Remaining: 0:09:31 estions jobar 11h_ch02.09m Refer to Exhibit 2,5. The Sarbanes-Oxley Act enacted which of the following provisions relevant to auditors and the au O a. The PCAB was established, and it has the power to conduct inspections of public company audits O b. The lead audit partner and reviewing partner must rotate off the audit of a publid traded company at least every 10 years. O G In the annual report, management must acknowledge that they are required to have the company's internal audit function attest O d. All of these O . None of these Jobarth ch2.09m ne m endosmerenlocator.sigment b78735-e5e-4320-9101-e143

Answer 1

Answer:

a. The PCAOB was established,and it has the power to conduct inspections of public company audits.

The sarbanes -oxley act of 2002, often simply called SOX or sarbox in US law meant to protect investors from fraudlent Accounting activities by corporation's. It also covers issues such as auditor independence, corporate governance,internal control assessment and enhanced financial disclosure.