In addition to help preparing tax returns, what benefit can a tax service offer a business?
A) Tax planning
B) Litigation advice
C) State certification
D) Personal financial planning
E) Advice on corporate mergers
Answer: A
Explanation: A) Tax services include assistance not only with tax-return preparation but also with tax planning. A CPA's advice can help a business structure (or restructure) operations and investments and perhaps save millions of dollars in taxes.
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The walk-through inspection, called for by the Contract to Buy and Sell, allows the buyer one more chance to find defects before closing.
a. true b. false
When large or expensive items are purchased, most organizations make use of a procedure to obtain competitive bids from multiple vendors. The document used to obtain competitive bids is called a(n):
a. purchase requisition b. purchase order c. request for quotation d. authorization to bid