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Concerns over the quality of financial reporting have led, and continue to lead, to government initiatives in the United States.For example, the _____, among other things, established the Public Company Accounting Oversight Board (PCAOB) , which is responsible for monitoring the quality of audits of SEC registrants.This Act requires the PCAOB to register firms conducting independent audits of SEC registrants; establish or adopt acceptable auditing, quality control, and independence standards; and provide for periodic inspections of the registered auditors.
Constructive Eviction
Refers to a situation where a landlord's actions, or failure to act, substantially interfere with the tenant's use and enjoyment of the rented property, leading the tenant to vacate the premises.
Unsuitable Condition
A state or situation of an item, property, or environment that is not appropriate or fit for the intended use or purpose.
Reasonable Advance Notice
Notice given well in advance of an action, allowing the recipient enough time to prepare or respond appropriately.
Indefinite Period
A time frame without a specified end date, often used in contracts or employment agreements.
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