question archive Which of the following statements accurately describes U
Subject:BusinessPrice: Bought3
Which of the following statements accurately describes U.S. CPA firms that are NOT sole proprietorships?
(1) Most derive the majority of their revenues from tax services.
(2) The most common organizational structure is the limited liability partnership structure.
(3) The firm will be subject to an annual peer review.
(4) The number of other professionals within a firm generally equals the number of partners in the firm.