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Which of the Following Statements Is True of CPA Firms

Question 145

Multiple Choice

Which of the following statements is true of CPA firms?


A) ​They can only audit companies that are solely in the private sector.
B) ​They have strong associations with the companies they are auditing.
C) ​They are not authorized to audit publicly traded companies.
D) ​They must be independent of the companies they are auditing.

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