Which of the following is true of CICPA and CACPA in the People's Republic of China (PRC)?
A. A These are two translations of a single Chinese professional association from Mandarin to English.
B. The CICPA was the professional association for accountants and the CACPA is the professional association for auditors.
C. The CICPA was the professional association for CPAs in private practice and the CACPA is the professional association for accountants in public practice in the PRC.
D. None of the statements above is true.
Answer: B. The CICPA was the professional association for accountants and the CACPA is the professional association for auditors.
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One of your customers suggests "I'll buy from you if you buy from me". This could be a violation of ______________ laws.
A. Packaging and labeling B. Cooling-off C. Tying agreement D. Reciprocal dealing E. Truth-in-lending
What is the point of sending "for-your-information" messages, if they are not related to business information?
What will be an ideal response?