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For Each of the Statements Below,indicate Through the Appropriate Letter

question 42

Short Answer

For each of the statements below,indicate through the appropriate letter whether it relates to the PCAOB,Auditing Standards Board,both the PCAOB and Auditing Standards Board,or neither the PCAOB nor Auditing Standards Board.
A.PCAOB
B.Auditing Standards Board
C.Both PCAOB and Auditing Standards Board
D.Neither PCAOB nor Auditing Standards Board
1___.Conducts inspections of firms that audit public entities.2___.Pronouncements may be used in the audit of nonpublic entities.3___.Pronouncements may be used in the audit of public entities.4___.Was created by the Sarbanes Oxley Act of 2002.5___.Involved with the certification and licensure of public accountants.6___.Issues Statements on Auditing Standards.7___.Conducts peer reviews of firms that audit nonpublic entities.8___.Sanctions individual auditors for violations of generally accepted auditing standards.


Definitions:

Wilcoxon Signed Rank Test

A statistical test that does not assume a specific distribution, designed to compare two related samples, matched pairs, or repeated measurements from the same sample.

Nonzero Differences

Instances where there is a measurable or observable difference between two entities or measurements, not equal to zero.

Wilcoxon Signed-Rank Test

Employing no assumptions about data parameters, this statistical test is used for examining whether the population mean ranks differ across two related samples, matched samples, or repeated tests on the same individual sample.

Paired Experiment

A study design where participants are matched in pairs and each pair is treated differently to investigate the effects of the treatment.

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