Final answer:
The claim that CPA firms are never allowed to provide bookkeeping services for clients is B) false. CPA firms can offer these services, following certain regulations and ethical considerations, particularly concerning the independence when auditing the same client.
Step-by-step explanation:
The statement that CPA firms are never allowed to provide bookkeeping services for clients is false. Certified Public Accountants (CPAs) are indeed permitted to offer bookkeeping services, but certain regulations and ethical standards must be adhered to, especially when the firm is also providing audit services to the same client. The key principle here is the maintenance of independence. When a CPA firm is auditing a client's financial statements, it must avoid performing management functions or making management decisions for the client to preserve the appearance and actuality of independence. However, providing bookkeeping services that do not involve such decisions can be acceptable, depending on various factors and the application of specific professional standards, such as those established by the American Institute of Certified Public Accountants (AICPA).