Acme, Inc., a publicly traded company with a market value of $50 million,
a. is exempt from filing an auditor's report on management's assessment of internal controls.
b. is exempt from filing stock transaction reports with the SEC.
c. is exempt from the requirement that its CFO certify the accuracy of the corporate financial statements.
d. is exempt from the requirement to improve the directors' monitoring of officer's activities.
Answer: a. is exempt from filing an auditor's report on management's assessment of internal controls.
You might also like to view...
What are Web services?
What will be an ideal response?
SFA Inc has a team of ten information systems (IS) personnel. The personnel are kept busy throughout the day as they help employees solve even the most trivial issues
In which of the following ways can the employees assist the IS personnel in this scenario?A) by learning basic computer skills B) by sharing their passwords with others to use their help in solving those trivial issues C) by installing security programs by themselves D) by making hardware modifications