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ID: 2576514 • Letter: J

Question

Job Matches (IntenahiXC Home|Chegg.com XM Inbox (2.468)-hendykeX connect.html Saved nation Which of the following is not correct with regard to the Public Company Accounting Oversight Board? Multiple Choice The board can expel a registered auditing firm without SEC approval The board members must be appointed by Congress The board has the authority to set auditing standerds rather tharn utlize the work of the Auditing Standerds Board Al registered auding firms must be inspected ot least ry three years

Explanation / Answer

correct option is "B"-the board members must be appointed by congress

The main purpose of creating this board is to oversee the audit of public companies and other issuers.so It cannot interfere in other matters of a company like appointment of board members.

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