Question

The Sarbanes-Oxley Act of 2002 requires the CEO of a publicly traded company to be _____....

The Sarbanes-Oxley Act of 2002 requires the CEO of a publicly traded company to be _____.
 
a) Maintain the confidentiality of the procedures used to construct and report financial statements.
b) Certify the financial reports that are sent to the Securities and Exchange Commission.
c) Pursue interests that result in large profits for them and large losses for shareholders
d) Supervise the audit of the corporation and witness the audit report
e) Render an unbiased (independent) opinion regarding the company's financial statements

Homework Answers

Answer #1

According to the sarbanes-oxley act of 2002, chief executive officer was making director and officer personally liable for the accuracy of the financial statement and strengthen disclosure.it required the chief executive officer to certify the financial report that are sent to the securities and exchange commission for their accuracy.

All the other statements are false

Correct answer will be Option (B) certify financial report that are sent to securities and exchange commission.

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