Firm a Performs Audits of 60 Public Entities,while Firm B

question 21

Multiple Choice

Firm A performs audits of 60 public entities,while firm B performs audits of 120 public entities.How often must each firm undergo a PCAOB inspection?

• A) Both firm A and firm B will be inspected every other year.
• B) Firm A will be inspected annually and firm B will be inspected every three years.
• C) Firm A will be inspected every three years and firm B will be inspected annually.
• D) Both firm A and firm B will be inspected annually.

---

Definitions:

Standard Time

Established time zones designed to unify local times, enabling regions across the globe to synchronize activities and communications.

Insomnia

A sleep disorder characterized by trouble falling or staying asleep.

Sleep Deprivation

The condition of not having enough sleep, leading to a range of cognitive, emotional, and physical impairments.

Sleep Apnea

A sleep disorder characterized by temporary cessations of breathing during sleep and repeated momentary awakenings.