Spreadeagle, Inc., is a publicly held company. Spreadeagle's executives include Tybalt, who serves as the firm's chief financial officer. The Sarbanes-Oxley Act of 2002 provided for the establishment and appointment of a federal Public Company Accounting Oversight Board (PCAOB). The PCAOB was created to
A. set and police auditing standards for publicly held companies.
B. oversee presidential appointees to federal accounting positions.
C. regulate the salaries of public company executives and others.
D. issue a revised set of international financial reporting standards.
Answer: A
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