Multiple Choice
Which of the following is NOT a requirement of the Sarbanes-Oxley Act?
A) Audit firms cannot provide most types of nonaudit services to their public company audit clients.
B) Audit firms are required to rotate audit partners off audit engagements every five years for public company audits.
C) Firms that audit public companies are subject to inspection by the PCAOB.
D) A certain number of hours, which is based on the size of the company being audited, must be spent on each audit engagement.
Correct Answer:
Verified
Correct Answer:
Verified
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