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Which of the following is a requirement under the Sarbanes-Oxley Act?


A) Financial statements must be audited by a Big Four accounting firm.
B) Management must issue a report that indicates whether the financial statements are free of error.
C) Management must conduct a review of the company's internal control system.
D) Background checks must be performed on all employees.

E) A) and C)
F) A) and B)

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Which of the following is a direct cost of manufacturing a table made of wood and glass,for a firm that manufactures furniture?


A) The cost of the wood in the table.
B) The cost of rent on the factory where the table is manufactured.
C) The salary of the supervisor who oversees all production for the firm.
D) Depreciation on the tools used to manufacture the table.

E) A) and D)
F) A) and C)

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