The Public Company Accounting Oversight Board

question 97

Multiple Choice

The Public Company Accounting Oversight Board

• A) performs inspections of the quality controls of firms that audit public companies.
• B) establishes auditing standards that must be followed by CPAs on all audits.
• C) oversees auditors of private companies.
• D) performs all of the above functions.

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Definitions:

Achievement Needs

A person's desire for significant accomplishment, mastery of skills, control, or high standards.

Personality Theorist

A psychologist or scholar who specializes in the study of personality, developing theories to explain personal identity and individual differences.

Henry Murray

An American psychologist best known for developing the theory of needs, which identified specific psychogenic needs that motivate human behavior.

Assertiveness

The quality of being self-assured and confident without being aggressive, allowing for the expression of one's needs and desires in a clear and respectful manner.