Self-insurance is a form of retention.

A CPA's retention of client-provided records after a demand has been made for them is an action that is

a. Not addressed by the AICPA Code of Professional Conduct b. Acceptable if sanctioned by state law c. Prohibited under the AICPA Code of Professional Conduct d. A violation of GAAS

Which of the following is true of a good marketing information system?

A) It focuses solely on maximizing the amount of data generated irrespective of relevance. B) It typically uses only external sources of data in marketing research. C) It balances the information that a firm would like to have against what they really need. D) It develops a way of offering information about future plans of action that might not be very feasible or cost-effective. E) It eliminates the time-consuming task of assessing the information needs of a firm.