The Sarbanes-Oxley Act: places the responsibility for a firm\'s financial statem

Question

The Sarbanes-Oxley Act: places the responsibility for a firm's financial statements solely on the chief financial officer. places total responsibility for the financial statements of a firm on the auditor who certifies the statements. requires that the board of directors be solely responsible for the firm's financial dealings. requires all corporations to fully disclose its financial dealings to the general public. makes the officers of a public corporation personally responsible for the firm's financial statements.

Explanation / Answer

Answer: makes the officers of a public corporation personally responsible for the firm's financial statements.

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