2 True - False statements A. The name of the PCAOB is the Public Company Accounting Oversight Board. B. The Chair of the PCAOB must be a partner in a CPA firm. C. Section 404 of the Sarbanes Oxley law requires the partner D. The Sarbanes-Oxley Act strengthened auditor independence by E. Section 404 of the Sarbanes-oxley law requires that both the of the cPA firm auditing a company to take responsibiiity 5 for the company's internal controls. requiring audit committees to appoint the auditors. company management and the CPA firm auditing the company issue a report on the company's internal controls. AnswersTRUE"or "FALSE