The term ________ refers to the set of obligations an organization undertakes to protect and enhance the society in which it functions
A) organizational ethics
B) social responsibility
C) corporate ethics
D) social values
B
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You are a part owner of NewBrands Corporation because you _____.
(A) Attend the company's annual meetings. (B) Have created a corporate charter for the company. (C) Have purchased company bonds. (D) Own the company's stock.
Under Treasury Circular 230, in which of the following situations is a CPA prohibited from giving written advice concerning one or more federal tax issues?
A. The CPA takes into account the possibility that a tax return will not be audited. B. The CPA reasonably relies upon representations of the client. C. The CPA considers all relevant facts that are known. D. The CPA takes into consideration assumptions about future events related to the relevant facts.