As an oversight board, the Public Company Accounting Oversight Board (PCAOB) was charged with maintaining compliance with established standards and enforcing rules and disciplinary procedures for those organizations that found themselves out of compliance.

A. True

B. False

Question

Business

Tyree Guerra

10 October, 09:35

As an oversight board, the Public Company Accounting Oversight Board (PCAOB) was charged with maintaining compliance with established standards and enforcing rules and disciplinary procedures for those organizations that found themselves out of compliance.

A. True

B. False

+5

Answers (1)

Know the Answer?

Madelyn Glass · Answer 1

The correct answer is A. True.

Explanation:

The main function of the Public Company Accounting Supervision Board (PCAOB) is to supervise the activity of public entities in order to guarantee and protect the interests of the people involved in these organizations. Taking this into account, any activity that ensures proper management and reporting of financial activity, will be in accordance with its powers established in the Sarbanes Oxley Act.

As an oversight board, the Public Company Accounting Oversight Board (PCAOB) was charged with maintaining compliance with established standards and enforcing rules and disciplinary procedures for those organizations that found themselves out of compliance.A. TrueB. False

As an oversight board, the Public Company Accounting Oversight Board (PCAOB) was charged with maintaining compliance with established standards and enforcing rules and disciplinary procedures for those organizations that found themselves out of compliance.

A. True

B. False