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Question 9 Management of a company is responsible for Question 10 The audit agency for the U. S. Congress is the Question 11 An audit committee must be comprised of outside directors and at least one outside financial expert. Which of the following is considered an outside director? Question 12 A proper system of corporate governance is one that demands Question 13 Section 304 of the Sarbanes-Oxley Act requires executives to forfeit any bonus or incentive-based pay or profits (including stock options) from the sale of stock received in the twelve months prior to an earnings restatement. This is often referred to as: Question 14 Which one of the following will provide auditing standards of public companies? Question 15 The responsibility for operating an enterprise is delegated to the: Question 16 The Sarbanes-Oxley Act of 2002 requires which of the following?