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akness noted is the fact that the board's audit committee reviews the scope of activities of the internal and external auditors only once a year, and one would prefer the committee to review the scope as required rather than on a fixed schedule. Also, under the Sarbanes Oxley Act, members of the board and in particular members of the audit committe of Acme are required to have specific knowledge and expertise. The preliminary assessment did not determine if the members of the board met the requirements of Sarbanes O

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