According to the Section-302 of the Sarbanes-Oxley Act of 2002, what does certification of reports
implies? Each correct answer represents a complete solution. Choose three.
A.
The signing officer has evaluated the effectiveness of the issuer’s internal controls as of a date
at the time to report.
B.
The financial statement does not contain any materially untrue or misleading information.
C.
The signing officer has reviewed the report.
D.
The signing officer has presented in the report their conclusions about the effectiveness of their
internal controls based on their evaluation as of that date.
Explanation:
Section 302 of Sarbanes-Oxley act has the tremendous impact on the risk management solution
adopted by corporations. This section specifies that the reports must be certified by the CEO,
CFO, or other senior officer performing similar functions.
Certification of reports establishes:
