In most countries, a national accounting profession controls access to the profession while legislation prevents anyone other than its members from auditing public corporations. These conditions increase the accounting profession's power through which of the following?
A)Nonsubstitutability
B)Discretion
C)Centrality
D)Referent power
E)Visibility

Question

Quizplus · Accepted Answer

By controlling access to the profession and having exclusive rights to audit public corporations, the accounting profession becomes nonsubstitutable, as no other group can legally perform these audits.

In Most Countries, a National Accounting Profession Controls Access to the Profession