Which of the following is NOT a requirement of the Sarbanes-Oxley Act?

Multiple Choice

• A certain number of hours, which is based on the size of the company being audited, must be spent on each audit engagement.

• Firms that audit public companies are subject to inspection by the PCAOB.

• Audit firms cannot provide most types of nonaudit services to their public company auditees.

• Audit firms are required to rotate audit partners off audit engagements every five years for public company audits.