Multiple Choice
Which of the following organizations is responsible for setting auditing standards followed by public accounting firms in conducting independent audits of financial statements?
A) Financial Accounting Standards Board (FASB)
B) Securities and Exchange Commission (SEC)
C) Public Company Accounting Oversight Board (PCAOB)
D) International Accounting Standards Board (IASB)
Correct Answer:

Verified
Correct Answer:
Verified
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