Grace and her fiancé visit several furniture stores in and around their hometown of Milwaukee. They use their smartphones to capture information about manufacturers and pricing, and ultimately decide to purchase their favorite items online

Which is most likely a violation of the AICPA Code of Professional Conduct?

a. A member firm buys computer time at wholesale prices from another CPA firm and sells it at retail prices to clients b. A member does not timely file his or her own personal federal income tax return c. A tax booklet is attributed to a member firm even though it was prepared by an outside author d. A member forms a partnership for the practice of public accounting with non-CPAs

As safety stock increases, the holding cost of that inventory item ________

Fill in the blanks with correct word