Which of the Following Organizations Requires Publicly Owned Companies to Be

question 219

Multiple Choice

Which of the following organizations requires publicly owned companies to be audited by independent accountants (CPAs) ?

• A) Securities and Exchange Commission (SEC)
• B) Public Company Accounting Oversight Board (PCAOB)
• C) Financial Accounting Standards Board (FASB)
• D) American Institute of Certified Public Accountants (AICPA)

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Definitions:

Big Business

Large-scale commercial enterprises with significant influence on the economy, politics, and society.

Yellow Journalism

A style of journalism that emphasizes sensationalism over facts, often using sensational headlines and exaggerating stories to increase readership or influence.

Cultural Pluralism

The coexistence of diverse cultures in a society, where each retains its own identity while contributing to a shared national narrative.