Sarbanes-Oxley and the Securities and Exchange Commission Restrict Auditors from Providing

Multiple Choice

Sarbanes-Oxley and the Securities and Exchange Commission restrict auditors from providing many consulting services to their publicly traded audit clients. Which of the following is true for auditors of publicly traded companies?
I. They are restricted from providing consulting services to privately held companies.
II. There is no restriction on providing consulting services to non-audit clients.

A) I only
B) II only
C) I and II
D) Neither I nor II