Which of the following is NOT a major component of the Sarbanes-Oxley Act?     Executive responsibility for accurate financial reporting.   Accounting regulation.    Mandating external financial audits for all companies.    Formation of an audit committee.

Auditing: A Risk Based-Approach (MindTap Course List)
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ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
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Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor
Section: Chapter Questions
Problem 12CYBK: Which one of the following components of internal control over financial reporting sets the tone for...
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Which of the following is NOT a major component of the Sarbanes-Oxley Act?

 

 
  1. Executive responsibility for accurate financial reporting.

     
  2. Accounting regulation. 

     
  3. Mandating external financial audits for all companies. 

     
  4. Formation of an audit committee. 

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