A CPA May Only Practice Public Accounting in Which of the Following

question 36

Multiple Choice

A CPA may only practice public accounting in which of the following forms?

• A)a partnership.
• B)a professional corporation.
• C)a sole proprietorship.
• D)an organization permitted by state law or regulation.

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Definitions:

American Bar Association

A professional organization of lawyers established to set academic standards for law schools and to formulate ethical codes within the legal profession.

National Consumers League

An American organization founded in 1899 that advocates for consumer rights, fair labor practices, and public health.

Electorate Loyalty

The allegiance or faithful adherence of voters to a particular political party or candidate.

Anti-Corruption Efforts

Initiatives and actions aimed at combating and reducing corruption in governmental and corporate institutions.