Certified in Risk and Information Systems Control (CRISC) — Question 1414

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

Correct answer: A

Explanation

Section 302 of the Sarbanes-Oxley Act specifically requires that the CEO and CFO certify financial reports, ensuring accountability for the accuracy of the reports. Sections 404, 203, and 409 address different aspects of corporate governance and financial disclosures, but do not focus on the certification requirement by the CEO and CFO.