Which of the following, if true, supports the father’s position? A) J

QUESTION

Which of the following, if true, supports the father’s position?

A) Julie has said she wants to work for one of the Big Four accounting and professional services firms.
B) The demand for external auditors is expected to grow in the near future.
C) Many accountants flooded the job market when the Arthur Andersen firm effectively went out of business in 2002.
D) Accountants for nonprofits are more concerned with efficiency than with profit.
E) Julie has said that she wants to work as an in-house accountant for a large public interest group like Sierra Club or Greenpeace.

ANSWER

Answer: E
Explanation: E) Private accountants work as in-house staff members for single organizations, whether for-profit companies or nonprofits like Sierra Club and Greenpeace. Choice A is a reason for Julie to pursue public accounting. External auditors are public accountants so Choice B tends to support the mother’s position. Choice C: As one of the then Big Five, Arthur Andersen employed public accountants, and, in any case, more than a decade has passed since its demise. Choice D does not address a distinction between public and private accountants since either could work for a nonprofit group.