Accounting Information System

Terms in this set (37)

61. This section of the Sarbanes-Oxley Act requires that the CEO, CFO, and other responsible offices of the company submit a certified statement accompanying each annual and quarterly report acknowledging their responsibility for the contents of the reports and the underlying system of internal controls.
A. Section 301
B. Section 401
C. Section 302
D. Section 404

61A1. The certified statement, signed by the CEO, CFO, and other responsible offices, indicate their acceptable of the responsibilities. Those responsibilities include:
A. The signing offices have reviewed the report in detail.
B. Based on the officer's knowledge, the financial statements and related disclosures are fairly presented.
C. The signing officers are responsible for the establishment, maintenance, and effectiveness of internal controls.
D. All of the above.

62. This section of the Sarbanes-Oxley Act requires that there be disclosures in periodic reports disclosing any off-balance-sheet transactions, including obligations or arrangements that may impact the financial position of the company.
A. Section 201
B. Section 401
C. Section 906
D. Section 404

63. This section of the Sarbanes-Oxley Act requires management assessment and reporting of the company's internal controls.
A. Section 404
B. Section 409
C. Section 301
D. Section 201

64. This section of the Sarbanes-Oxley Act requires that auditors include, as part of their audit procedures, an attestation to the internal control report prepared by management.
A. Section 404
B. Section 409
C. Section 301
D. Section 201

65. This section of the Sarbanes-Oxley Act requires that all public companies have in place a code of ethics covering its CFO and other key accounting officers. The code must include principles that advocate honesty and morat conduct, fairness in financial reporting, and compliance with applicable governmental rules and regulations.
A. Section 401
B. Section 404
C. Section 406
D. Section 409

66. The section of the Sarbanes-Oxley Act makes it a felony to knowingly alter, destroy, falsify, or conceal any records or documents with the intent to influence an investigation. This provision relates to both the company and its auditors.
A. Section 602
B. Section 802
C. Section 806
D. Section 409
68. This section of the Sarbanes-Oxley Act is referred to as the "whistleblower protection" provision.
A. Section 201
B. Section 306
C. Section 806
D. Section 1102
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