Standards issued by the Public Company Accounting Oversight Board must be followed by CPAs who audit
A. both private and public companies.
B. public companies only.
C. private companies, public companies, and nonprofit entities.
D. private companies only.
Answer:B
Standards issued by the Public Company Accounting Oversight Board must be followed by CPAs who audit
A. both private and public companies. B. public companies only. C. private companies, public companies, and nonprofit entities. D. private companies only.