Multiple Choice
The AICPA removed its general prohibition of CPAs taking commissions and contingent fees because
A) CPAs prefer more price competition to less.
B) Commissions and contingent fees enhance audit independence.
C) Nothing is inherently wrong about the form of fees charged to nonaudit clients.
D) Objectivity is not always necessary in accounting and auditing services.
Correct Answer:
Verified
Correct Answer:
Verified
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