Commissions and referral fees are not permitted for which types of services?
A) Tax.
B) Reviews.
C) Audits.
D) Both B and C.

Question

Quizplus · Accepted Answer

Both reviews and audits are services that require unbiased and objective evaluations. Allowing commissions and referral fees could compromise their impartiality, so they are prohibited by professional accounting standards. On the other hand, for tax services, commissions and referral fees are allowed, as long as they comply with relevant regulations.

Commissions and Referral Fees Are Not Permitted for Which Types