Which section of the Sarbanes-Oxley Act specifies "Periodic financial reports must be certified by CEO and CFO"? 

Answer options:

A. Section 302
B. Section 404
C. Section 203
D. Section 409

A

Section 302 of the Sarbanes-Oxley Act requires corporate responsibility for financial reports to be certified by CEO, CFO, or designated representative. Incorrect Answers: B: Section 404 of the Sarbanes-Oxley Act states that annual assessments of internal controls are the responsibility of management. C: Section 203 of the Sarbanes-Oxley Act requires audit partners and review partners to rotate off an assignment every five years. D: Section 409 of the Sarbanes-Oxley Act states that the financial reports must be distributed quickly and currently.