Question: Which statement best describes the AICPA interpretation relating to a member's ownership in a separate business that performs professional services? 1 . Members are not

Which statement best describes the AICPA interpretation relating to a member's ownership in a separate business that performs professional services?
1. Members are not permitted to own or operate a separate business under any circumstances.
2. If a member controls a separate business, that business and its owners and employees must comply with the AICPA Code of Professional Conduct.
3. Members may own or operate a separate business if all owners and employees of the separate business become CPAs.
4. If a member controls a separate business, that business must register with the state board of accountancy.

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