Which of the Following Represents All of the Ways a CPA

question 50

Multiple Choice

Which of the following represents all of the ways a CPA firm can be organized?

• A) proprietorships and partnerships
• B) proprietorships, partnerships, and professional corporations
• C) proprietorships, general partnerships, general corporations, professional corporations, limited liability companies, and limited liability partnerships if permitted by state law
• D) single proprietorships, partnerships, professional corporations if permitted by state law, or regular corporations

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Definitions:

Emotional

Relating to feelings, moods, or affective states, often influencing behavior, thoughts, and physical responses.

Cognitive

Pertaining to the mental processes involved in acquiring knowledge and understanding through thought, experience, and the senses.

Developmental

Pertaining to the process of growth and change throughout life, often in the context of psychological or physical maturation.

Corticosteroid

A class of steroid hormones that decrease inflammation in the body and modulate the immune system.