The Public Has Turned to CPAs to Provide Assurance Services

question 58

Multiple Choice

The public has turned to CPAs to provide assurance services primarily because

• A) the independence and objectivity of CPAs increase the public trust.
• B) there is a need to develop new revenue streams for accounting firms.
• C) audits do not provide reliable information for decision makers.
• D) CPAs have been proactive in identifying new types of assurance services to market to customers.

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Definitions:

Audience Size

The number of individuals reached or engaged by a communication effort, presentation, or performance.

Geography Location

The specific place or position of something on the earth's surface as determined by its latitude and longitude.

Email

A method of exchanging digital messages across the internet or other computer networks.

Specific Purpose

A precise intent or goal behind an action, document, or speech, aimed at achieving a particular outcome.