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Which of the following is false regarding activities and structure of CPA firms? CPA firms cannot perform tax returns for audit clients. There is a

Which of the following is false regarding activities and structure of CPA firms?

CPA firms cannot perform tax returns for audit clients.

There is a heirarchy with CPA firms that employees work through as they gain experience

In addition to auditing, CPA firms may also perform business valuation, forensic accounting and information technology advisory services.

Six organizational structures are available to CPA firms.

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