Question

Under the Sarbanes Oxley Act of 2002, the section on Corporate Tax Returns conveys a sense of the Senate that the corporate federal income tax returns be signed by the treasurer.

a. true
b. false

Answer 1

Under the Sarbanes-Oxley Act of 2002, the section on Corporate Tax Returns does not convey a sense of the Senate that the corporate federal income tax returns be signed by the treasurer.

Step-by-step explanation:

Under the Sarbanes-Oxley Act of 2002, the section on Corporate Tax Returns does not convey a sense of the Senate that the corporate federal income tax returns be signed by the treasurer.

The Sarbanes-Oxley Act was primarily designed to increase confidence in financial information provided by public corporations and to protect investors from accounting fraud. It introduced various provisions related to corporate governance, financial reporting, and internal controls. While the Act does not explicitly require the treasurer to sign tax returns, it does emphasize the importance of accurate financial reporting and accountability.