While the cost of doing marketing research can be estimated accurately, determining the true value of the expected information remains difficult.

Which of the following is not correct with regard to the Public Company Accounting Oversight Board?

A. The board can expel a registered auditing firm without SEC approval. B. All registered auditing firms must be inspected at least every three years. C. The board members must be appointed by Congress. D. The board has the authority to set auditing standards rather than utilize the work of the Auditing Standards Board.

Under the U.S. Constitution, all powers that are neither given exclusively to the federal government nor taken from the states are reserved to the states

Indicate whether the statement is true or false