PrepAway - Latest Free Exam Questions & Answers

Which two statements are true about SOX as it relates to this customer?

You are discussing the subject of standards with a European customer. In your discussion, the
subject of Sarbanes-Oxley (SOX) legislation comes up. Which two statements are true about SOX
as it relates to this customer? (Choose two.)

PrepAway - Latest Free Exam Questions & Answers

A.
SOXhas been overturned, in favor of HIPAA, and so is not relevant in Europe or anywhere else.

B.
SOXis only important to this customer if their company stock is traded on any U.S. stock
exchanges.

C.
SOX may be important to this customer if they carry out business withUnited States publicly
traded companies.

D.
SOXis irrelevant to this customer, as it is United States legislation and thus does not impact
European customers.

E.
SOX will become important in the future, if and when the various European legislative bodies
adopt similar legislation.


Leave a Reply