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Indicate how you would resolve the dilemma

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Question - A CPA, a sole practitioner, has acquired a practice from a retiring CPA. The CPA plans to retain the professional staff, which includes 5 CPAs. The CPA is considering identifying the new firm as "John Smith, CPA and Associates."

Indicate how you would resolve the dilemma. Be specific and respond with logic and reason.

Reference no: EM131670796

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