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:

Compensation Systems

Structured plans outlining how employees are paid, including wages, salaries, bonuses, and benefits.

Department Manager

A managerial position responsible for overseeing the operations and performance of a specific department within an organization.

Human Resources

An organizational function focused on the recruitment, management, and direction of people who work in an organization.

Independent Survey

A research study conducted by an organization or individual not affiliated with the subjects being surveyed to ensure unbiased results.