It is common that a CPA who is hired to audit a firm's finances will also be hired to help design a more efficient financial information system. D True False

## Step 1<br />The problem statement is a statement about the role of a Certified Public Accountant (CPA) in a business setting. The statement is: "It is common that a CPA who is hired to audit a firm's finances will also be hired to help design a more efficient financial information system."<br /><br />## Step 2<br />To solve this problem, we need to understand the typical roles and responsibilities of a CPA. A CPA is a professional who has passed the Uniform CPA Examination and has met certain education and experience requirements. They are qualified to perform a variety of accounting, auditing, and financial planning services.<br /><br />## Step 3<br />One of the key roles of a CPA is to audit a firm's finances. This involves examining the financial records of the company to ensure accuracy and compliance with accounting standards and regulations.<br /><br />## Step 4<br />Another role of a CPA is to help design a more efficient financial information system. This involves analyzing the current system, identifying areas for improvement, and implementing changes to make the system more efficient.<br /><br />## Step 5<br />Given these roles and responsibilities, it is indeed common for a CPA to be hired to both audit a firm's finances and help design a more efficient financial information system. This is because the CPA's expertise in both areas can be beneficial to the firm.