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Which of the following is false regarding the SEC and the PCAOB? A The SEC has considerable influence in setting GAAP. B The SEC requires

Which of the following is false regarding the SEC and the PCAOB?

A		The SEC has considerable influence in setting GAAP.
B		The SEC requires all public companies to file a 10-K annually.
C		The PCAOB was responsible for establishing the SEC.
D		The SEC oversees the conduct of public companies.

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