Which Statement Is False Regarding the Public Company Accounting Oversight

question 26

Multiple Choice

Which statement is false regarding the Public Company Accounting Oversight Board (PCAOB) ?

• A) Regulates audit standards and independent audit firms.
• B) Has five members appointed by the SEC.
• C) Allows all members to be accountants, past or present.
• D) Is under the oversight and enforcement of the SEC.
• E) Is funded by fees levied on all publicly traded companies.

Understand McClelland's theory of needs and how it applies to managerial effectiveness.

Identify the role of job satisfaction and morale in employee performance.

Assess the impact of organizational climate on employee productivity and job satisfaction.

Understand the concept of work ethic and its influence on employee motivation.