Aaron bought a photo-editing software package for personal use. He makes two copies of the software, in case the original software fails and he needs a backup. In this scenario, Aaron's action is considered _____
A) illegal and unethical
B) legal, but unethical
C) illegal, but ethical
D) legal and ethical
C
Business
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In which of the following instances is the independence of the CPA most likely not considered to be impaired? The CPA has been retained as the auditor of a
a. Charitable organization in which the spouse of the CPA serves as treasurer b. Municipality in which the CPA owns $25,000 of the $2,500,000 indebtedness of the municipality c. Credit union of which the CPA is a member d. Company in which the CPA's participant-directed retirement plan owns a 10% interest
Business
In a limited liability partnership, all of the partners have unlimited liability
Indicate whether the statement is true or false
Business