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The Public Has Turned to CPAs to Provide Assurance Services

Question 58

Multiple Choice

The public has turned to CPAs to provide assurance services primarily because


A) the independence and objectivity of CPAs increase the public trust.
B) there is a need to develop new revenue streams for accounting firms.
C) audits do not provide reliable information for decision makers.
D) CPAs have been proactive in identifying new types of assurance services to market to customers.

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