The Sarbanes-Oxley Act requires all of the following EXCEPT:
A) that audit partners rotate every five years to limit the likelihood that auditing relationships become too cozy over long periods of time.
B) strict limits on the amount of non-audit fees (consulting or otherwise) that an accounting firm can earn from the same firm that it audits.
C) that senior management and the boards of public companies be comfortable enough with the process through which funds are allocated and controlled, and outcomes monitored throughout the firm, to be willing to attest to their effectiveness and validity.
D) the auditor must personally attest to the accuracy of the financial statements presented to shareholders and sign a statement to that effect.
D
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Which of the following is not a goal in correspondence or presentations?
A) Inform. B) Build trust. C) Conclude. D) Instruct.
A Web-based training program, designed to reduce rater bias, does all of the following EXCEPT:
A. Provides a common point of reference B. Allows raters to define each rating criterion C. Defines the scale anchors D. Describes what behaviors were indicative of each rating criterion E. Permits raters to practice their rating skills