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g 2018: Intermediate Accounting I is course Hide blocks Standard vi Which of the

ID: 2540206 • Letter: G

Question

g 2018: Intermediate Accounting I is course Hide blocks Standard vi Which of the following is true about the Public Company Accounting Reform and Investor Protection Act of 2002 (Sarbanes-Oxley)? The Act: Select one: OA. Eliminated corporate executives responsibility for financial statements. B. Changed the entity responsible for setting accounting standards in the US C. Limited udit services that can be performed by auditors for audit clients. D. Changed the entity responsible for setting auditing standards ih the US. 3/5/2018

Explanation / Answer

Fourth option is correct

SOX in 2002 setup PCAOB to set auditing standards in the united states.