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Which of the following scenarios illustrates a violation of the Sarbanes-Oxley Act? ?Wong is a member of the audit committee of a public corporation
Which of the following scenarios illustrates a violation of the Sarbanes-Oxley Act?
- ?Wong is a member of the audit committee of a public corporation. However, he is an external member and was not employed by the corporation.
- ?Ronan, the CFO of Puvane Inc., is granted an unsecured loan by the company to pay his son's medical bills.
- ?Natalie is assigned to audit a company's financial records. She finds it impossible to arrive at a conclusion and issues a disclaimer of opinion.
- ?Tina, an accountant, fails to detect a fraud in the financial statements of the company she audits.
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