All of the Following Regarding a Certified Public Accountant Are

question 142

Multiple Choice

All of the following regarding a Certified Public Accountant are true except:

• A) Must meet education and experience requirements.
• B) Must pass an examination.
• C) May also be a Certified Management Accountant.
• D) Must exhibit ethical character.
• E) Cannot hold any certificate other than a CPA.

---

Definitions:

Strategic Merger

The combination of two companies with the aim of achieving long-term strategic goals and enhancing value.

Consolidation Merger

The combination of two or more companies into a completely new entity, with the original companies ceasing to exist.

Congeneric Merger

A type of merger between companies in related industries or sectors, aimed at diversification or enhancing competitive strengths.

Horizontal Merger

A business consolidation that occurs between firms operating in the same industry, often as competitors.