Which of the following statements is false related to the PCAOB?
A) The PCAOB has the authority to prose and adopt rules and standards.
B) The PCAOB is a for profit entity.
C) The PCAOB rules are more overarching in that they statement the requirement to follow PCAOB standards.
D) THE PCAOB was structured by the SEC in response to the Sarbanes-Oxley Act.
Correct Answer:
Verified
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