The AICPA removed its general prohibition of CPAs taking commissions and contingent fees because a. CPAs prefer
Question:
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 non-audit clients.
d. Objectivity is not always necessary in accounting and auditing services.
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a Incorrect CPAs generally prefer to compete on the basis of qualit...View the full answer
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Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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