alleryStart learning →For US public company audits, how often must the PCAOB-regime lead partner rotate?
AEvery 10 years
BEvery 3 years
CEvery 7 years
DEvery 5 years
Answer & Solution
Correct answer: D. Every 5 years
The lead partner on a public company audit rotates every 5 years, followed by a 5-year cooling-off period.
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