With respect to the SEC,

Question $10$ options:

A$)$

the SEC has the power to establish rules for all CPAs.

B$)$

the attitude of the SEC is generally considered in any major change proposed by the FASB.

C$)$

the SEC requirements of greatest interest to CPAs are set forth in their enforcement regulations.

D$)$

the SEC is the sole agency responsible for setting generally accepted accounting principles.