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OLEGan [10]
3 years ago
9

Under section 404 of the sarbanes oxley act auditors are required to

Business
1 answer:
siniylev [52]3 years ago
6 0
Basically, the Sarbanes Oxley Act was not a single Act, but a series of Acts that were designed to expand starting requirements for companies such as firms and overall businesses. Section 404 is one of the Acts that are specifically set on the company's control on their financial reports made. As a result, internal management or more commonly known as the Internal Affairs program of a company must provide a detailed and clear-written (straight-to-the-point) report on the company's structure (how they do things) and creating, or establishing, a set of procedures on how they plan to report their financial status.
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A payment of $148 to a creditor was posted as a debit to Accounts Payable and a debit of $148 to Cash.

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C. transferred in

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