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ACCT 431 CHAPTER 2 1) The organization that is responsible for providing oversight for auditors of public companies is called 2) Members of the Public Company Accounting Oversight Board are appointed and overseen by: 3) The Public Company Accounting Oversight Board: 4) Assume the Public Company Accounting Oversight Board (PCAOB) identifies a violation during its inspection of a registered accounting firm. The PCAOB: Company Accounting Oversight Board (PCAOB). 5) The Sarbanes-Oxley Act established the Public What are the PCAOB's primary functions? Who performed these functions prior to the PCAOB? 6) The Public Company Accounting Oversight Board (PCAOB) provides oversight to auditors of publically traded and private companies. 7) All CPA firms registered with the PCAOB are required to undergo a peer review annually.
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ACCT431/ACCT 431 CHAPTER 2 EXERCISE 2-2
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