Question

According to the Sarbanes-Oxley Act of 2002, if a company must restate financial statements due to material noncompliance with a financial reporting requirement, the act requires that the CEO ________.

A) repay any bonuses received during the 12 months prior to the issuance of the financial statements in question

B) make a public apology to stock holders

C) resign from the position of CEO

D) All of the above.

Answer

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