1. The Sarbanes-Oxley Act requires all of the following EXCEPT ________.

A. audit partners rotate every five years to limit the likelihood that auditing relationships become too cozy over long periods of time

B. strict limits on the amount of non-audit fees (consulting or otherwise) that an accounting firm can earn from the same firm that it audits

C. senior management and the boards of public companies to be comfortable enough with the process through which funds are allocated and controlled, and outcomes monitored throughout the firm, to be willing to attest to their effectiveness and validity

D. the auditor must personally attest to the accuracy of the financial statements presented to shareholders and to sign a statement to that effect.

2. You’re considering installing a solar panel on your home. You’ve been told it will save bid dollars in your electricity costs. How will you determine if the solar panels are a good deal?