Which of the following is true about the composition of boards of corporations covered by Sarbanes-Oxley?
A)All board members must be independent.
B)All audit committee members must be independent.
C)Independence is defined as not having current contracts with the corporation.
D)both b and c

Question

Which of the following is true about the composition of boards of corporations covered by Sarbanes-Oxley?​
A)​All board members must be independent.
B)​All audit committee members must be independent.
C)Independence is defined as not having current contracts with the corporation.
D)both b and c

Quizplus · Accepted Answer

The Answer of Which of the following is true about the composition of boards of corporations covered by Sarbanes-Oxley?​
A)​All board members must be independent.
B)​All audit committee members must be independent.
C)Independence is defined as not having current contracts with the corporation.
D)both b and c

Which of the Following Is True About the Composition of Boards