Which of the Following Is Not a Primary Responsibility of the PCAOB

question 138

Multiple Choice

Which of the following is not a primary responsibility of the PCAOB regarding public companies in the U.S.?

• A)Issuing CPA licenses to auditors who perform audits of public companies.
• B)Registering audit firms that audit public companies.
• C)Periodically inspecting registered audit firms.
• D)Investigating and disciplining registered audit firms for violations of relevant laws and professional standards.

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Definitions:

Reducing Expenses

The act of cutting down on costs or spending in order to improve overall financial health.

Market Segments

Subsets of a market made up of people or organizations with one or more characteristics that cause them to demand similar product or service based on qualities of those products.

Product Prices

Product prices are the amounts sellers charge consumers to purchase goods or services.

Broad Array

refers to a wide and varied range of items, options, or choices.