Members of the Financial Accounting Standards Board are: required to hold a CPA certificate. part-time employees. independent of any other organization. employed by the American Institute of Certified Public Accountants (AICPA). Question 6 (2 points) Saved What is the relationship between the Securities and Exchange Commission and the accounting standard setting in the United States? E The SEC reviews financial statements for compliance. The SEC requires all companies listed on an exchange to submit their financial statements to the SEC. The SEC has a mandate to establish accounting standards for enterprises under its jurisdiction. The SEC coordinates with the AICPA in establishing accounting standards. Question 7 (2 points) D $ 4 R % 15 F Saved 6 G 8 9 0 100 K