Question

One of a cpa firm basic objectives is to provide professional services that conform with professional standards. Reseanobale assurance of acheiving this basic objective is provided through:______.A. Compliance with generally accepted reporting standards.B. A system of quality control.C. A system of peer review.D. Continuing professional education.

Answer 1

Answer:

B. A system of quality control

Explanation:

CPA firms are certified public accountant firms that provides services in accounting, auditing, financial and consulting to all forms of businesses including nonprofit, private and public ventures as well as government agencies. They are issued state licenses to operate in the state they are located in. They provide these services with professional standards. They achieve their objectives through a system of quality control which is the process of providing firms with reasonable assurance that its employees conforms to professional standards and firm's quality standards.