The legal right to perform audits is granted to a CPA firm by regulation of
A. each state.
B. the Financial Accounting Standards Board (FASB).
C. the American Institute of Certified Public Accountants (AICPA).
D. the Auditing Standards Board.
Answer:A
The legal right to perform audits is granted to a CPA firm by regulation of
A. each state. B. the Financial Accounting Standards Board (FASB). C. the American Institute of Certified Public Accountants (AICPA). D. the Auditing Standards Board.