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:

£ Per C$

The exchange rate that defines how much one British pound is worth in Canadian dollars.

Depreciated

A decrease in the value of an asset over time, often due to wear and tear or technological obsolescence.

Currency G Weakens

A situation where the value of Currency G decreases compared to other currencies.

Currency H

Refers to a specific currency, denoted here as "H."