Final answer:
Under Sarbanes-Oxley, every board audit committee must have at least one financial expert.
Step-by-step explanation:
Under Sarbanes-Oxley, every board audit committee must have at least one financial expert. This statement is true. The Sarbanes-Oxley Act (SOX) was enacted in response to financial scandals and aims to promote transparency and accountability in corporate governance. One of the requirements of SOX is that every publicly traded company's board audit committee must have at least one member who qualifies as a financial expert. A financial expert is someone who has the necessary knowledge and experience in financial matters.