Which of the following is a true statement regarding an action which the PCAOB can take if it finds a public accounting firm or an individual has violated the SEC rules governing the audit of a public$$ company?

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Part $1$

A$.$

The PCAOB cannot impose appropriate sanctionslong dashonly the respective state Board of Accountancy is allowed to impose sanctions.

B$.$

The PCAOB cannot impose any type of monetary penalties.

C$.$

The PCAOB can suspend or impose appropriate sanctions on the firm and on the individual.

D$.$

The PCAOB cannot suspend or revoke the$$ firm's registration allowing it to audit public companies.