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The Sarbanes-Oxley Act of 2002 Multiple Choice Requires the Public Company Accounting Oversight Board (PCAOB)...

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The Sarbanes-Oxley Act of 2002 Multiple Choice Requires the Public Company Accounting Oversight Board (PCAOB) be composed of seven members. Requires the Public Company Accounting Oversight Board (PCAOB) have CPAs for a majority of its members Changes rules on auditor independence, adopting a more flexible, principles-based approach rather than one based on prohibitions of certain types of non-audit services to audit clients Mandates integrated audits for public companies

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