The Sarbanes-Oxley Act of 2002 Provided for the Establishment and Appointment

Multiple Choice

The Sarbanes-Oxley Act of 2002 provided for the establishment and appointment of a federal Public Company Accounting Oversight Board (PCAOB) .Stunned by a costly set of changes ordered by the PCAOB,a small auditing firm filed a suit in a federal district court against the board.In Free Enterprise Fund v.Public Company Accounting Oversight Board,the United States Supreme Court held that

A) the PCAOB had been illegally established.
B) the members of the PCAOB had been illegally appointed.
C) the act's failure to provide for presidential oversight of the PCAOB was unconstitutional.
D) the plaintiff did not have standing to bring the suit.