In terms of the evolving role of CPAs, which of the following is not true?
A) Accountants are increasingly being asked for advice on broad issues including business development and the evaluation of strategic opportunities.
B) There are now fewer restrictions imposed by geographical boundaries.
C) CPAs continue to rely on face-to-face interactions at occasional professional meetings.
D) Accountants are increasingly serving as project managers.
E) Accountants need to know the nature of the client's business and its competitive environment.

Question

Quizplus · Accepted Answer

While professional meetings and conferences are still important for CPAs to stay updated on industry developments and network with colleagues, virtual communication methods are increasingly being utilized in the profession, such as webinars and video conferencing. The statement that CPAs continue to rely on face-to-face interactions at occasional professional meetings is therefore not entirely true.

In Terms of the Evolving Role of CPAs, Which of the Following