The Public Company Accounting Oversight Board created by the Sarbanes-

QUESTION

The Public Company Accounting Oversight Board created by the Sarbanes-Oxley Act is granted authority under what government entity?

A) Department of Commerce
B) Securities and Exchange Commission
C) Department of Homeland Security
D) Consumer Protection and Safety Commission
E) Department of the Treasury

ANSWER

Answer: B
Explanation: B) The commission is charged with overseeing the accounting industry in the United States.