CPAs are required to complete engagements competently. Competence includes all of the following except
A. An unbiased mental attitude.
B. The technical qualifications of the CPA's staff.
C. The capacity to exercise judgment.
D. The ability to research subject matter and consult with others.
Ans: A. An unbiased mental attitude.
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In the context of the given scenario, which of the following is a strength of Raney Pharmaceuticals Corp.?
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The Peruvian development economist Hernando de Soto has argued that much of the developing world will fail to reap the benefits of capitalism until they relax the property rights offered by their legal systems
Indicate whether the statement is true or false.