Pickens and Perkins, CPAs, Decide to Incorporate Their Practice of Accountancy

Pickens and Perkins, CPAs, decide to incorporate their practice of accountancy. According to the AICPA Code of Professional Conduct, shares in the corporation can be issued:

A) Only to persons qualified to practice public accounting.
B) Only to employees and officers of the firm.
C) Only to persons qualified to practice as CPAs and members of their immediate families.
D) To the general public.

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