Question

. Which of the following bodies enforce the audit requirements of the Employee Retirement Security Act of 1974 (ERISA) with respect to employee benefit plans? a. The Department of Labor. b. The Department of Pension Management. c. The Securities and Exchange Commission. d. The Public Company Accounting Oversight Board.

Answer 1

The Department of Labor enforces the audit requirements of ERISA for employee benefit plans to protect participants and beneficiaries.

Step-by-step explanation:

The body that enforces the audit requirements of the Employee Retirement Security Act of 1974 (ERISA) with respect to employee benefit plans is a. The Department of Labor.

The Department of Labor is responsible for ensuring that employee benefit plans are managed and operated in accordance with ERISA's standards to protect the interests of participants and their beneficiaries.

The audit requirements under ERISA are aimed at ensuring the financial integrity and proper management of employee benefit plans.