The Sarbanes-Oxley (SOX) Act of 2002 Created the PCAOB

Multiple Choice

The Sarbanes-Oxley (SOX) Act of 2002 created the PCAOB. The PCAOB

A) Is primarily responsible for establishing generally accepted accounting principles.
B) Provides legal and expert services to CPA firms when they are involved in class-action law suits.
C) Oversees the conduct of acts that are intended to influence, coerce, manipulate, or mislead a CPA when he/she is preparing a company's financial statements.
D) Oversees audits of companies whose securities are public traded.