Among the Many Responsibilities of the PCAOB Is to Adopt

question 16

True/False

Among the many responsibilities of the PCAOB is to adopt accounting standards.

---

Definitions:

18th Amendment

An addition to the United States Constitution that prohibited the manufacture, sale, or transportation of alcoholic beverages, later repealed by the 21st Amendment.

21st Amendment

The constitutional amendment that repealed Prohibition in the United States, allowing for the legal manufacture, sale, and transportation of alcohol.

Alcohol

A chemical compound known for its psychoactive properties, commonly found in beverages such as beer, wine, and spirits, which can affect the central nervous system.

Drug

A substance used to diagnose, treat, or prevent disease or to enhance physical or mental well-being.