Section 404 of the Sarbanes-Oxley Act includes which of the following?
A. A requirement that management of a publicly traded company issues an assessment of internal control that covers the entire year.
B. Specific guidance on what constitutes adequate internal control.
C. A requirement that management of a publicly traded company accepts responsibility for establishing and maintaining adequate internal controls.
D. A requirement that management of a publicly traded company issues an assessment regarding the efficiency of internal control for the year.
Answer: A requirement that management of a publicly traded company accepts responsibility for establishing and maintaining adequate internal controls
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.