Reference no: EM131128738
1. Which of the following is authorized to conduct periodic inspections of non-private company auditors in order to assess whether they are complying with the requirements of the SarbanesOxley Act?
A. The Board of Certified Public Accountants
B. The Public Company Accounting Oversight Board
C. The Federal Trade Commission
D. The Securities Exchange Commission
E. Any of the above entities is entitled to conduct inspections
2. Each of the following is a factor used by courts to determine whether to pierce the corporate veil except:
A. inadequate capitalization.
B. poor decision-making performed by an inadequately trained or educated manager
C. failure to follow necessary corporate formalities.
D. evidence of fraud or willful misconduct.
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