Question

Which of the following statements is true of Title II of the Sarbanes-Oxley Act?

A. It allows public accounting firms to audit a company whose CEO was employed by that accounting firm within the past 12 months.

B. It encompasses the Public Company Accounting Oversight Board and allows publicly traded companies to be audited independently.

C. It requires senior auditors to rotate off an account every five years and junior auditors every seven years.

D. It permits auditors to keep written communications between management and themselves private.

Answer

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