Multiple Choice
Larry is a certified public accountant in a firm which audits public companies.Larry is accused of unethical conduct.Is Larry required to abide by the ethical standards of the Public Company Accounting Oversight Board?
A) Yes.
B) He can be held liable only if he had actual knowledge of the particular guideline he is accused of violating.
C) No, the PCAOB establishes audit rules, not ethical guidelines.
D) No, the PCAOB has no authority over Larry.
Correct Answer:

Verified
Correct Answer:
Verified
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