As a result of the Sarbanes

As a result of the Sarbanes - statements. In addition, top...

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As a result of the Sarbanes-Oxley Act of 2002, managerial accounting reports must now comply with generally accepted accounting principles (GAAP). False. SOX clarifies top management's responsibility for the company's financial
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Unformatted text preview: statements. In addition, top managers must certify that the company maintains an adequate system of internal control to safeguard the company's assets and ensure accurate financial reports....
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