A device that allows many users on a LAN to centrally store and retrieve information is known as a

A firm's safety stock represents the:

A) inventory of most frequently ordered items. B) reorder point that considers lags and uncertainties. C) inventory having passed quality-control inspection. D) largest order size that retains minimum order costs.

Under Treasury Circular 230, which of the following actions of a CPA tax advisor is characteristic of a best practice in rendering tax advice?

A. Requesting written evidence from a client that the fee proposal for tax advice has been approved by the board of directors. B. Recommending to the client that the advisor's tax advice be made orally instead of in a written memorandum. C. Establishing relevant facts, evaluating the reasonableness of assumptions and representations, and arriving at a conclusion supported by the law and facts in a tax memorandum. D. Requiring the client to supply a written representation, signed under penalties of perjury, concerning the facts and statements provided to the CPA for preparing a tax memorandum.