An audit firm is engaged to audit a holding company that owns an insured depository institution (ID1). Both

entities are public companies and have approximately $200 million in total assets each. In auditing the

holding company, the audit firm should apply

O AICPA, PCAOB, and some SEC independence rules only.

O PCAOB and SEC independence rules only.

O AICPA PCAOB, and SEC independence rules

O AICPA and PCAOB independence rules only.