In what way does the public accounting profession in the United Kingdom differ from the profession in the United States?
A. Public accountants in the U.K. may not sign audit reports.
B. Auditors in the U.K. do not need to be independent from their audit clients.
C. Public accountants in the U.K. are paid by the government for their audit services.
D. Public accountants in the U.K. are not required to have a university education.
Ans: D. Public accountants in the U.K. are not required to have a university education.
You might also like to view...
An advantage of joint ventures in the international marketplace is:
A. The local partner may have a greater knowledge of local consumer tastes and preferences B. The local partner may have a greater understanding of local business practices and regulations C. Costs of developing the new market are shared with the joint venture partner D. The risks of entering the new market are shared with the joint venture partner E. All of the above are advantages of joint ventures
Two stocks that are perfectly negatively correlated can be combined to form a portfolio that has no risk
a. true b. false