Which one of the following is not true regarding the American Institute of Certified Public Accountants peer review requirement?

A、ACPAfirmmustdevelopandadheretoqualitycontrolstandards.
B、Peerreviewsaremandatory.
C、ACPAfirmwillloseAICPAeligibilityifapeerreviewisnotperformed.
D、FirmsrequiredtoberegisteredwithandinspectedbythePCAOBareexempt.