A public accounting firm that is registered with the Public Company Accounting Oversight Board (PCAOB)is reviewed ________.
A) twice a year if it audits more than 100 public companies a year
B) once in two years if it audits more than 100 public companies a year
C) once every year if it audits less than 100 public companies a year
D) once in three years if it audits less than 100 public companies a year

Question

Quizplus · Accepted Answer

Public accounting firms registered with the PCAOB are reviewed once every three years if they audit less than 100 public companies a year.

A Public Accounting Firm That Is Registered with the Public