Which of the Following Is a True Statement

question 22

Multiple Choice

Which of the following is a true statement?

• A) The SEC approves the rules used by the auditors in determining whether a public company's financial statements are in conformity with GAAP.
• B) The PCAOB and the SEC were both created by the FASB.
• C) The SEC was created by the PCAOB.
• D) The PCAOB approves the rules used by auditors in determining whether a public company's financial

---

Definitions:

Parasympathetic Nervous System

The part of the autonomic nervous system that conserves energy by slowing the heart rate, increasing intestinal and gland activity, and relaxing sphincter muscles.

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for quick action in emergencies; "fight or flight" response.

Corpus Callosum

The corpus callosum is a broad band of nerve fibers joining the two hemispheres of the brain.

Cognitive Developmental Theory

A theory in psychology that studies how thinking and reasoning develop with age, from infancy through adulthood.