adap pls

The PCAOB has been authorized to establish auditing 1. standards to be followed on audits of companies whose stock is publically traded. are allowed to be CPAS. (I) Write a sentence IN FAVOR of the policy of allowing only two members of the Board to be CPs (II) Write a sentence AGAINST the policy of allowing only two members of the Board to be CPAS Answer the "true" -"false" questions shown below. Only two of the five standard setters 2. Two CPAS allowed on the Board: 1. I. In favor II. Against - False Statements 2. True Only two of the five-member Board of the PCAOB can be Certified Public Accountants. Section 404 of the Sarbanes - company management and the CPA firm auditing a Public company issue a report on the company's internal controls. . A. Oxley law requires that both . The Audit Committee of a public company's Board of Directors would include the Chief financial Officer of the company. Accounting standards issued by the PCAOB are used in making a public company's financial statements. The name of the PCAOB is the Public Company Account ing Oversight Board. D. . Answers: "TRUE" or "FALSE" A. . . D