The Organization That Is Responsible for Providing Oversight for Auditors

question 84

Multiple Choice

The organization that is responsible for providing oversight for auditors of public companies is called the

• A) Auditing Standards Board.
• B) American Institute of Certified Public Accountants.
• C) Public Oversight Board.
• D) Public Company Accounting Oversight Board.

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Definitions:

Practical

Denotes something that is oriented towards action or utility, often emphasizing effectiveness and convenience in real-life situations.

Good Theory

A well-substantiated explanation of some aspect of the natural world that is acquired through the scientific method and repeatedly tested and confirmed through observation and experimentation.

Operational Definition

A clear, precise way of defining a concept by specifying the operations or procedures used to measure or identify it.

Variable

An element, feature, or factor that is likely to vary or change in value between different individuals or under different conditions.