Apparent agency arises when a franchisee creates the appearance of being a franchisor's agent when in fact an actual agency does not exist

Contracts that allow companies to transfer an asset to a customer but also give them the obligation or right to repurchase the asset at a later date.

(a) service-type warranty (b) input measures (c) franchises (d) repurchase agreements

A CPA firm must do which of the following before it can participate in the preparation of an audit report of a company registered with the Securities and Exchange Commission (SEC)?

A. Join the Public Company Auditors' Forum of the AICPA. B. Register with the Public Company Accounting Oversight Board. C. Register with the Financial Accounting Standards Board (FASB). D. Register with the SEC pursuant to the Securities Exchange Act of 1934.