The Sarbanes-Oxley (SOX) Act of 2002 Created the PCAOB

question 54

Multiple Choice

The Sarbanes-Oxley (SOX) Act of 2002 created the PCAOB. The PCAOB

• A) Is primarily responsible for establishing generally accepted accounting principles.
• B) Provides legal and expert services to CPA firms when they are involved in class-action law suits.
• C) Oversees the conduct of acts that are intended to influence, coerce, manipulate, or mislead a CPA when he/she is preparing a company's financial statements.
• D) Oversees audits of companies whose securities are public traded.

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Definitions:

Calendar Item

An entry in a digital calendar, such as an appointment, meeting, or event, that includes details like time, date, and description.

Meeting Originator

The individual who initiates or calls for a meeting, usually responsible for setting the agenda.

Change

The act or process of making something different, often to improve or adapt it to new conditions.

Delete

The act of removing or erasing data, text, files, or other digital content.