Assignbment

QUESTION 1

Chief Operating Officer
Chief Financial Office
Chief Executive Officer
Chief Legal Officer

QUESTION 2

True or False: Private companies and non-profit organizations may choose to follow SOX to show their commitment to good governance. True
False

QUESTION 3

Which of the following did the chapter describe as major corporate privacy concerns?Select all that apply.

Privacy of Disclosed Data
Privacy of Employee Data
Privacy of Corporate Data
Privacy of Customer Data

QUESTION 4

 What is the maximum prison sentence for a corporate officer who willfully makes a fraudulent certification on a required SEC report?

20 years
5 years
10 years
15 years

QUESTION 5

What is the definition of the acronym ICFR?

International Controls over Financial Regulations
International Controls over Financial Reporting
Internal Controls over Financial Regulations
Internal Controls over Financial Reporting

QUESTION 6

What is the name of the SEC's database that contains the corporate financial filings?

COSO
ISACA
PCAOB
EDGAR

QUESTION 7

Which SOX section specifies the financial reports a publically traded corporation must file?

906
809
302
404

QUESTION 8

Which of the following is not a disclosure control report required by the SEC?

10-Q
8-K
8-Q
10-K

QUESTION 9

True or False: Since SOX does not define reasonable assurance, the SEC and PCAOB interpret reasonable assurance to be absolute assurance.

True
False

QUESTION 10

Match the items with the organization responsible for creating and maintaining them.

- A. B. C. D. GAIT
- A. B. C. D. 27002:2013
- A. B. C. D. SP 800-53
- A. B. C. D. COBIT

A. Institute of Internal Auditors.
B. International Organization for Standardization and the International Electrotechnical Commission.
C. National Institute of Standards and Technology.
D. Information Systems Audit and Controls Association.