1.Beneath The Sarbanes-Oxley Act of 2002 (SOX), all publicly traded U.S. companies are required to keep up an satisfactory system of inside management, company executives and boards of administrators should make sure that these controls are dependable and efficient, and impartial outdoors auditors should attest to the adequacy of the inner management system.What’s inside management? What are the 5 main parts of an inside management system?In your individual phrases, briefly describe these 5 parts of inside management.2.What’s the primary goal of ExternalAuditors? What kind of reviews can they subject? What’s the impact of every of the reviews?