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:

Societal Problem

A challenge or issue that affects a significant number of people within a society, requiring collective action for resolution.

Innovation Process

A systematic series of steps that includes the generation, development, and implementation of new ideas or products.

Idea Generation

The method of inventing, formulating, and sharing novel ideas or answers.

Operational And Work Methods

Refers to the standardized procedures and practices that are used to carry out day-to-day activities in an organization efficiently.