Which of the Following Is Correct About the PCAOB

question 59

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 SEC
• C)Anyone who wants to purchase stock on a U.S.stock exchange must follow the rules of the SEC
• 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:

Dividends Per Share

The amount of dividends that a company pays out to its shareholders for each share held, typically expressed on an annual basis.

Growth In Dividends

An increase in the amount of dividends paid out to shareholders over time, indicating a company's growing profitability and stability.

Market Index

A theoretical portfolio of investments representing a segment of the financial market, used as a benchmark to measure the performance of investments.

P/E Ratio

The Price to Earnings ratio, a valuation metric for stocks calculated by dividing the market price per share by its earnings per share.