Correct Answer: The SOX audit firm can not do accounting services for the company
Explanation:
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More Sarbanes-Oxley MCQ Questions
What is the SEC?
Which would be classified as an 'issuer' under SOX?
What does the board of directors do for a company?
What are 'financial disclosures'?
Another name for the Sarbanes Oxley Act?
Which statement is true regarding a company that is out of compliance with the Sarbanes-Oxley Act?
How can we identify the existence of Internal Control Deficiency?
Under the Sarbanes-Oxley Act, how long must commercial firms keep their business records (including electronic records and electronic messages)?
The American Competitiveness and Corporate Accountability Act of 2002, is commonly known as:
Under SOX, E-mail is considered a business record and must be: