Sarbanes-Oxley and the Securities Exchange Commission Restrict Auditors from Providing

Sarbanes-Oxley and the Securities Exchange Commission restrict auditors from providing many consulting services to their publically traded audit clients. Which of the following is true for auditors of publically traded companies?
I. They are restricted from providing consulting services to privately held companies.
II. There is no restriction on providing consulting services to non-audit clients.

A) I only
B) II only
C) I and II
D) Neither I or II

Correct Answer:

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