Which of the Following Organizations Requires Publicly Owned Companies to Be

question 219

Multiple Choice

Which of the following organizations requires publicly owned companies to be audited by independent accountants (CPAs) ?

• A) Securities and Exchange Commission (SEC)
• B) Public Company Accounting Oversight Board (PCAOB)
• C) Financial Accounting Standards Board (FASB)
• D) American Institute of Certified Public Accountants (AICPA)

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Definitions:

Incorporate

To include or take in something as part of a whole; to assimilate into a body or structure.

Values

Principles or standards of behavior; one's judgment of what is important in life or in a specific situation.

Pure Substances

Materials that are made of only one type of atom or molecule.

Impure Mixtures

Combinations of two or more substances that are not chemically bonded together and can be separated by physical means.