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What is the SEC's oversight function with respect to accounting standards for publicly traded companies? What is the SEC's oversight function with respect to accounting

What is the SEC's oversight function with respect to accounting standards for publicly traded companies? What is the SEC's oversight function with respect to accounting standards for publicly traded companies? The SEC sets all accounting standards. The SEC has no involvement in accounting standards. The SEC delegates all responsibility for accounting standards to the FASB. The SEC retains oversight but doesn't influence accounting standards

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