One of the principal functions of CPAs is to:
A)Audit income tax returns to determine if taxpayers have underpaid their income taxes.
B)Conduct audits to determine whether the employees of a business are performing their jobs honestly and efficiently.
C)Advise individual investors on stock market investments.
D)Perform audits to determine the fairness of a company's financial statements.

Question

Quizplus · Accepted Answer

One of the principal functions of CPAs is to perform audits to determine the fairness of a company's financial statements. This includes evaluating the financial records of a business and ensuring that they meet generally accepted accounting principles.

One of the Principal Functions of CPAs Is To