Under U.S. GAAP revenues are considered ________ when the seller has accomplished what it must do to be entitled to the revenues

Baner, a CPA, is preparing a tax return for Affleck, a new client. During the course of the interview, Baner asks to inspect Affleck's source documents. Affleck responds that the supporting information is not readily available but assures Baner that the summary information is reliable. Which of the following statements best describes how Baner should proceed?

A. Baner cannot accept Affleck's representations. The representations must be verifiable. B. Baner can accept the representations and explain to Affleck that the IRS's audit coverage is very low. C. Baner can automatically accept the representations, because a CPA is under no obligation to verify all client information. D. Baner can accept the representations but should make reasonable inquiries to determine if the information appears to be incorrect, incomplete, or inconsistent.

Which of the following holds certain individuals, such as diplomats, accountable to the laws of their home country while exempting them from the laws of a foreign country in which they are operating?

A) jurisdiction B) extraterritoriality C) power parity D) exchange control E) privatization