Which of the following is not a requirement of SOX Section 404?
A)Evaluate the design of the company's controls to determine if they adequately address the risk that a material misstatement of the financial statements would not
Be prevented or detected in a timely manner.
B)Gather and evaluate evidence about the operation of controls.
C)Implement key controls to determine their operating efficiency.
D)Present a written assessment of the effectiveness of internal control over financial reporting.

Question

Quizplus · Accepted Answer

Implementing key controls is not a requirement of SOX Section 404, but rather an action that companies may take in order to evaluate the effectiveness of their internal controls. The other options listed are all requirements of SOX Section 404.

Which of the Following Is Not a Requirement of SOX