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The American Institute of Certified Public Accountants (AICPA) Group of answer choices A. is responsible for...

The American Institute of Certified Public Accountants (AICPA)

Group of answer choices

A. is responsible for issuing licenses to new CPAs.

B. sets auditing standards for both public and private companies.

C. sets rules of conduct that CPAs are required to meet.

D. restricts its membership to CPAs who are independent auditors.

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Answer #1

AICPA functions include- standards setting, ethics enforcement and firm practice quality monitoring roles for the majority of practising CPAs

The answer is C) sets rules of conduct that CPAs are required to meet.

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