Question: Identify the correct statements regarding CPA services. Audits are rarely requested by nonpublic companies of any size. Financial statement audits are the most frequent assurance

Identify the correct statements regarding CPA services. Audits are rarely requested by nonpublic companies of any size. Financial statement audits are the most frequent assurance engagement requested by public companies. Some Big Four firms generate more revenue from consulting service than from auditing and assurance. Smaller firms do not provide any type of audit services for their clients

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