The Big Four Professional Services Networks Quiz

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Questions and Answers

Which are considered the Big Four in the professional services networks?

  • Deloitte, Ernst & Young (EY), KPMG, and PwC (correct)
  • Ernst & Whinney, Peat Marwick Mitchell, Price Waterhouse, and Touche Ross
  • Arthur Andersen, Arthur Young, Coopers & Lybrand, Deloitte Haskins and Sells
  • Arthur Young, Coopers & Lybrand, Deloitte Haskins and Sells, Peat Marwick Mitchell

What services do the Big Four offer to their clients?

  • Audit, assurance, taxation, legal services, corporate finance
  • Taxation, actuarial, market research, corporate finance
  • Market research, actuarial, corporate finance, and legal services
  • Audit, assurance, taxation, management consulting, valuation (correct)

Which networks were part of the Big Eight in the late 20th century?

  • Ernst & Whinney, Peat Marwick Mitchell, Price Waterhouse, and Touche Ross (correct)
  • Price Waterhouse, Touche Ross, Arthur Andersen, Arthur Young
  • Coopers & Lybrand, Deloitte Haskins and Sells, Ernst & Whinney, Peat Marwick Mitchell
  • Arthur Andersen, Arthur Young, Coopers & Lybrand, Deloitte Haskins and Sells

What is a significant majority of the audits of public companies conducted by?

<p>The Big Four networks (D)</p> Signup and view all the answers

Why are the Big Four considered equally attractive networks to work in?

<p>Frequency of engagement with Fortune 500 companies (A)</p> Signup and view all the answers

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