Public relations can have a strong impact on public awareness at a much lower cost than advertising can

When applying the rules of the equity method, the Long-term Investments account is credited for the receipt of a cash dividend because ________

A) the dividend decreases the investor's investment B) it increases the investor's investment C) there is an increase in dividend liability D) the dividend increases the total assets

To which of the following parties may a CPA partnership provide working papers related to its tax practice, without being lawfully subpoenaed, without the client's consent, or without taking precautions, such as obtaining a confidentiality agreement, to prevent inappropriate disclosure of client information?

A. The IRS. B. The FASB. C. Any surviving CPA partner(s) on the death of a partner. D. A CPA conducting a review of the practice before purchasing a partnership interest in the firm.