Respuesta :
Under the ERISA, A person who is a licensed public accountant, licensed by a regulatory authority of a foreign government would not be considered a qualified public accountant as defined by Section 103. Thus, Option C is the correct statement.
Who is a qualified public accountant u/s 103?
Under the section 103(a)(3)(D) of ERISA the term “qualified public accountant” means—
(i) someone who's an authorized public accountant, licensed through a regulatory authority of a State;
(ii) someone who's a certified public accountant, licensed through a regulatory authority of a State, or
(iii) someone certified through the Secretary as a qualified public accountant according to policies posted through the Secretary for a person who practices in States where there may be no certification or licensing procedure for accountants.
Under the ERISA, A person who is a licensed public accountant, licensed by a regulatory authority of a foreign government would not be considered a qualified public accountant as defined by Section 103. Thus, Option C is the correct statement.
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