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• Question 15 The Joint Ethics Enforcement Program involves joint enforcement of the ethics rules of =================================================== ACC 544 Quiz 3
corroborative evidence of these expenses existed. In connection with Stone’ s preparation of Pym’ s 2012 return, Stone is
• Question 12 The Ultramares decision is a leading case that helps define when a CPA is liable to different parties. If a CPA has committed negligence, under this decision the CPA is liable to which of the following parties?
• Question 13 Clark, a professional tax return preparer, prepared and signed a client’ s 2012 federal income tax return that resulted in a $ 600 refund. Which one of the following statements is correct with regard to an Internal Revenue Code penalty Clark may be subject to for endorsing and cashing the client’ s refund check?
• Question 14 Jay, CPA, gave an unqualified opinion on Nast Power Co.’ s financial statements. Larkin bought Nast bonds in a public offering subject to the Securities Act of 1933. The registration statement filed with the SEC included Nast’ s financial statements. Larkin sued Jay for misstatements contained in the financial statements under the provisions of Section 11 of the Securities Act of 1933. To prevail, Larkin must prove

• Question 15 The Joint Ethics Enforcement Program involves joint enforcement of the ethics rules of =================================================== ACC 544 Quiz 3

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ACC 544 Quiz 3
• Question 1 Which of the following statements about investment decision models is true?