The Public Company Accounting Oversight Board (PCAOB) ________.
A) is a not-for-profit corporation that oversees auditors of public corporations
B) is a not-for-profit corporation that oversees managers of public corporations
C) is a for-profit corporation that oversees auditors of public corporations
D) is a for-profit corporation that oversees managers of public corporations

Question

Quizplus · Accepted Answer

The PCAOB is a not-for-profit corporation that oversees auditors of public corporations. Its main responsibility is to protect investors by ensuring that audit reports are accurate, complete, and independent.