Author Question: What three major requirements resulted from the Sarbanes-Oxley Act? What will be an ideal ... (Read 55 times)

michelleunicorn · **on:** Jul 10, 2018

What three major requirements resulted from the Sarbanes-Oxley Act?

What will be an ideal response?

Question 2

For normal probability distributions, 95 percent of the possible outcomes will lie between 1 standard deviation from the expected return.

Indicate whether the statement is true or false

emsimon14 · **Reply #1 on:** Jul 10, 2018

Answer to Question 1

Answer:
(1) The CEO and CFO attest to the fairness of the financial reports.
(2) The company maintains an effective internal control structure around financial reporting.
(3) The company and auditors assess the effectiveness of the controls over the most recent fiscal year.

Answer to Question 2

FALSE