Accountants employed by a business or a not-for-profit entity are said to be engaged in Private Accounting; and due to the fact that they do not offer their services to the public on a fee basis. True False

Accountants employed by a business or a not-for-profit entity are said to be engaged in Private Accounting; and due to the fact that they do not offer their services to the public on a fee basis. True False

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter1: Accounting As A Tool For Managers

Section: Chapter Questions

Problem 17MC: What is the law that protects investors from fraudulent financial accounting activity? FASB SACS SOX...

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Question

Accountants employed by a business or a not-for-profit entity are said to be engaged
in Private Accounting; and due to the fact that they do not offer their services to the public
on a fee basis.
True
O False

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