When property taxes become delinquent and a house is sold to the State of California, the owner:

a. may remain in possession.
b. must move out immediately.
c. has 14 days to move out.
d. has about 4 months to move out.

Answer: a. may remain in possession.

Business

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The AICPA Code of Professional Conduct is violated if a CPA accepts a fee for services and the fee is

a. Fixed by a public authority b. Based on a price quotation submitted in competitive bidding c. Based on the results of judicial proceedings in a tax matter d. Payable after a specified finding is attained in a review of financial statements.

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Discuss judicial actions as an implementation strategy for nonmarket issues

What will be an ideal response?

Business