The Professional Company Self-Quiz

 

 

 

 

 

 

 

Sid has been working for the Huey, Duey, and Louie Professional Company for the last thirty years as a bookkeeper. The company is in the business of accounting work but Sid, himself, is not a CPA. The owners want to make Sid a full partner of the firm. What must Sid do to rise from employee to full owner?
Choice 1 File a petition with the state accounting board to join the firm
Choice 2 Nothing
Choice 3 Apply to the Secretary of State and provide a notarized filing attesting to his 30 years of work with the firm
Choice 4 Become a CPA and file a change to the company's organizational documents

© 2003 - 2018 National Paralegal College