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Which of the Statement Regarding PCAOB Is NOT True

Question 52

Multiple Choice

Which of the statement regarding PCAOB is NOT true?


A) PCAOB stands for Public Company Accounting Oversight Board.
B) PCAOB assumes the peer review function over registered CPA firms.
C) PCAOB was established before the accounting scandal of Enron.
D) PCAOB protects the public interest by oversight of independent audits.

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