The Public Company Accounting Oversight Board has authority to establish which of the following relating to public companies? $$\begin{array} { c c c }
& \text { Attestation Standards } & \text { Ethics Standards } \
\text { A) } & \text { Yes } & \text { Yes } \
\text { B) } & \text { Yes } & \text { No } \
\text { C) } & \text { No } & \text { Yes } \
\text { D) } & \text { No } & \text { No }
\end{array}$$
A)Option A.
B)Option B.
C)Option C.
D)Option D.

Question

The Public Company Accounting Oversight Board has authority to establish which of the following relating to public companies? $$\begin{array} { c c c } 
& \text { Attestation Standards } & \text { Ethics Standards } \
\text { A) } & \text { Yes } & \text { Yes } \
\text { B) } & \text { Yes } & \text { No } \
\text { C) } & \text { No } & \text { Yes } \
\text { D) } & \text { No } & \text { No }
\end{array}$$ 
A)Option A.
B)Option B.
C)Option C.
D)Option D.

Quizplus · Accepted Answer

The Public Company Accounting Oversight Board (PCAOB) has the authority to establish attestation standards and ethics standards relating to public companies. Therefore, option A is the correct choice. Option B is incorrect because the PCAOB does have the authority to establish ethics standards. Option C is incorrect because the PCAOB does have the authority to establish attestation standards. Option D is incorrect because the PCAOB does have authority to establish both attestation and ethics standards.

The Public Company Accounting Oversight Board Has Authority to Establish