Asked by Becca Moore on Apr 24, 2024

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Under the Sarbanes-Oxley Act of 2002, chief financial officers must certify the accuracy of information in corporate financial statements.

Certify Accuracy

To officially affirm or validate the truthfulness and correctness of information or data.

Sarbanes-Oxley Act

A U.S. law enacted to protect investors by improving the accuracy and reliability of corporate disclosures.

Chief Financial Officers

Senior executives responsible for managing the financial actions of a company, including financial planning, risk management, and reporting.

  • Appreciate the importance of the Sarbanes-Oxley Act of 2002 in enhancing corporate responsibility and protecting investors.
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AS
AMIYAH SANDERS8 days ago
Final Answer :
True
Explanation :
The Sarbanes-Oxley Act of 2002 requires both the chief executive officer (CEO) and the chief financial officer (CFO) of a company to certify the accuracy of the financial statements.