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True or False
Multiple Choice
ProblemMatch the following organizations to their descriptions.
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Which of the following is true of the Public Company Accounting Oversight Board?Answer choice a. It regulates firms that audit companies that issue publicly traded securities. Explanation: The Public Company Accounting Oversight Board (PCAOB) regulates and looks over firms that audit companies that issue publicly traded securities.
What is the role of the Public Company Accounting Oversight Board?The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports.
Which of the following statements about the Public Company Accounting Oversight Board PCAOB is most accurate?Which of the following statements about the Public Company Accounting Oversight Board (PCAOB) is most accurate? PCAOB establishes audit report standards. PCAOB issues inspection reports on the Big Four and several other public accounting firms. Correct!
Which of the following is a function of the Public Company Accounting Oversight Board PCAOB )? Quizlet?The PCAOB provides oversight for auditors of public companies, including establishing auditing and quality control standards for public company audits, and performing inspections of the quality controls at audit firms performing those audits.
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