What are some of the principal impacts that the Sarbanes-Oxley Act is likely to have on not-forprofit organizations that decide to follow the provision of the law?
This question was written by Dwight Denison.
1. Adequate documentation.
2. Audit trail
3. Separation of duties
4. None of the above is a component of internal control.
5. Items a, b, and c are all components of an internal control system.
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