Which of the Following Is a Characteristic of the Public

question 50

Multiple Choice

Which of the following is a characteristic of the Public Company Accounting Oversight Board?

• A) It regulates all firms providing financial services.
• B) It is a six-member board with legislative and disciplinary power.
• C) A majority of the board is dependent on publicly held accounting companies.
• D) The board is funded by publicly held companies overseen by the Securities and Exchange Commission.

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