What does the Sarbanes-Oxley Act of 2002 require a chief financial officer to do?
A) Prevent insider trading
B) Engage in strategic management
C) Guarantee the accuracy of financial reporting
D) Hire a forensic accountant
E) Oversee the implementation of ethical standards
Answer: C
Explanation: C) The Sarbanes-Oxley Act of 2002 requires that the chief financial officer personally guarantee the accuracy of financial reporting.
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Indicate whether the statement is true or false