The Accounting Scandals of the Early 2000s Led Many People

Multiple Choice

The accounting scandals of the early 2000s led many people to question the legitimacy of

A) ratio analysis as a means of evaluating the performance of a firm.
B) the five-member Public Company Accounting Oversight Board (PCAOB) under the Securities and Exchange Commission (SEC) that had been created to oversee the accounting industry.
C) publishing financial information about a firm on the Internet.
D) allowing an accounting firm to do both consulting and auditing work for the same company.