Which of the Following Is Correct About the PCAOB

question 28

Multiple Choice

Which of the following is correct about the PCAOB?

• A)The PCAOB receives its authority from the SEC
• B)Auditing standards issued by the PCAOB must be approved by the U.S.Congress
• C)The PCAOB requires companies with stock listed on a U.S.stock exchange to have an integrated audit by an auditor registered with the PCAOB
• D)All audit firms performing audits of public companies are registered with and agree to comply with the auditing procedures established by the PCAOB

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Definitions:

Pillar

A structural element used to support buildings and large structures, known for its strength and stability.

Straw Man Argument

A straw man argument is a fallacy in which an opponent's position is misrepresented to be easily attacked or refuted, rather than engaging with the actual argument presented.

Class Discussion

An interactive session in an educational setting where students and teacher engage in dialogue covering specific topics or materials.

Diversion

The fallacy of trying to support one proposition by arguing for another proposition.