Which Statement Describes the Accounting Profession During the First Few

Multiple Choice

Which statement describes the accounting profession during the first few years of the 21st century?

A) It focused mainly on helping firms improve the quality and accuracy of the financial information provided to stakeholders.
B) It was recognized as the most ethical of all the business professions.
C) It suffered a loss of jobs as computerized systems did away with the need for professional accountants.
D) It was embarrassed by a series of scandals that seemed to suggest a serious decline in accounting standards.