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28 March, 11:24

A CPA firm evaluates its personnel advancement experience to ascertain whether individuals assigned to increased degrees of responsibility meet predetermined criteria. This policy is evidence of the firm's adherence to which of the following prescribed standards?

A. professional ethics

B. supervision and review

C. accounting and review services

D. quality control

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Answers (1)
  1. 28 March, 12:58
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    Supervision and review (B)

    Explanation:

    supervision and review is part of a firm's policy used to check the results of its previous actions or inaction that will affect the growth and profitability of the business of the company.

    Review is a way of evaluating the personnel advancement experience of the individuals given a certain task performed the given task excellently, while supervision is used to guide the individuals while they are actually carrying out the task and also to determine if they meet the predetermined criteria before being assigned to the task. while professional ethics is the general standard set for every one regardless of the task you perform.
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