Which of the following statements is true with regard to accountants?
A)Accountants cannot be hired to perform nonaudit services.
B)Accountants cannot be held liable by provisions of common law.
C)Accountants can be held liable to clients but not to third parties.
D)Accountants who lack CPA certification are called public accountants.

Question

Quizplus · Accepted Answer

Accountants who lack CPA certification are generally referred to as public accountants, distinguishing them from Certified Public Accountants (CPAs).

Which of the Following Statements Is True with Regard to Accountants