Which Statement Is False Regarding the Sarbanes-Oxley Act of 2002

Multiple Choice

Which statement is false regarding the Sarbanes-Oxley Act of 2002?

A) Regulates independent auditing and auditing standards.
B) Has five members appointed by the SEC.
C) Allows all members to be accountants,past or present.
D) is under the oversight and enforcement of the SEC.
E) is funded by fees levied on all publicly traded companies.