A company incentivizing customers with sales discounts often delays the collection of cash. True False When costs are rising, LIFO results in the... Highest taxable income Lowest taxable income The PCAOB has the authority to write auditing rules and set quality control and ethics standards. True False Due to SOX, auditors of public companies can no longer provide certain nonaudit services such as. Design and implementation of financial information systems All of the listed options are correct Internal audit services Bookkeeping