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ejoty ejoty
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Which of the following is not a characteristic of a small local CPA firm?

▸ Most small firms have fewer than 25 professionals.

▸ Small firms perform audits on small and not-for-profit businesses.

▸ Tax services are more important than auditing services to the small firm.

▸ Small firms are prohibited by the SEC from auditing publicly traded companies.
Textbook 

Auditing and Assurance Services


Edition: 17th
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slpmslpm
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Small firms are prohibited by the SEC from auditing publicly traded companies.

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