Many accounting firms have adopted policies known as 'improved business practices'.Which of the following is NOT one of the above?
A) improved recruiting practices
B) more effective advertising
C) developing more sophisticated use of technology
D) increased professional indemnity insurance cover

Question

Quizplus · Accepted Answer

Increased professional indemnity insurance cover is not considered an improved business practice as it is an insurance policy for protection against potential negligence claims or errors and omissions in professional services, rather than a proactive business practice for improving operations and efficiency. The other options, such as improved recruiting practices, more effective advertising, and developing more sophisticated use of technology, are all examples of improved business practices that can lead to better outcomes and success for an accounting firm.

Many Accounting Firms Have Adopted Policies Known as 'Improved Business