Final answer:
A member of the AICPA in public practice must not only be independent but also be recognized as independent.
Step-by-step explanation:
A member of the AICPA in public practice must not only be independent but also be recognized as independent.
This statement is true.
Independence is a fundamental principle in accounting. Being independent means that the accountant is free from any relationships or influences that could compromise their objectivity and integrity when conducting audits or providing other accounting services.