Which of the following is not an accurate definition or description of a local CPA firm?
A) Some local CPA firms have several offices.
B) Local CPA firms do not compete for clients with the Big Four CPA firms.
C) Some local CPA firms are affiliated with other CPA firms to share resources.
D) Many local CPA firms provide primarily accounting and tax services to their clients only.

Question

Quizplus · Accepted Answer

Local CPA firms often do compete for clients with the Big Four CPA firms, especially for small and medium-sized businesses. While the Big Four firms typically offer a wider range of services, local CPA firms can offer specialized expertise and personalized service.

Which of the Following Is Not an Accurate Definition or Description