A Peer Review Is Generally Performed by Employees of the AICPA

question 9

True/False

A peer review is generally performed by employees of the AICPA.

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Definitions:

Arbitration

A method of dispute resolution where a neutral third party, the arbitrator, makes a decision to resolve a conflict outside of court.

Judicial Review

The power of courts to assess the constitutionality of laws and actions of the executive and legislative branches.

Cost-Effective

Providing the best possible outcome or value for the amount of money spent.

Court Action

A legal proceeding in which a case is brought before a court of law to be adjudicated.