Which of the Statement Regarding PCAOB Is NOT True

question 52

Multiple Choice

Which of the statement regarding PCAOB is NOT true?

• A)PCAOB stands for Public Company Accounting Oversight Board.
• B)PCAOB assumes the peer review function over registered CPA firms.
• C)PCAOB was established before the accounting scandal of Enron.
• D)PCAOB protects the public interest by oversight of independent audits.

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Definitions:

Compliance Technique

Strategies used to persuade or influence others to agree with or obey a request or command.

Emotional Tactic

A strategy that uses emotions to influence or manipulate others' decisions or perceptions.

Ingratiation

A social influence strategy involving deliberate efforts to win over someone by flattering or pleasing them.

Compliance

The act of conforming to a request or demand, often from an authority figure or peer.