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Question: Two CPAs decide to organize their practice of accountancy as a limited liability partnership....

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Accounting

Question: Two CPAs decide to organize their practice of accountancy as a limited liability partnership. According to the AICPA Code of Professional Conduct:

A. This is an acceptable form of organization.

B. This is only an acceptable form of organization if the firm performs no audits.

C. This is an acceptable form of organization if a minority interest of public shareholders is established.

D. This is not an acceptable form of organization.

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