Certified in Risk and Information Systems Control (CRISC) — Question 1349

According to the Section-302 of the Sarbanes-Oxley Act of 2002, what does certification of reports implies? Each correct answer represents a complete solution.
(Choose three.)

Answer options

• A. The signing officer has evaluated the effectiveness of the issuer's internal controls as of a date at the time to report.
• B. The financial statement does not contain any materially untrue or misleading information.
• C. The signing officer has reviewed the report.
• D. The signing officer has presented in the report their conclusions about the effectiveness of their internal controls based on their evaluation as of that date.

Correct answer: B, C, D

Explanation

Option B is correct because it confirms that the financial statements are accurate and not misleading. Option C is correct as it states that the signing officer has reviewed the report, which is a requirement. Option A is incorrect since it focuses on evaluation of controls rather than the accuracy of the financial statements, which is not part of the certification implications.