Which of the following statements are correct? (1) individuals differ in their level of values development, (2) individuals hold different sets of instrumental values at different stages of development,
and (3) peoples' value priorities do not change once they become adults.
A) All three statements are correct.
B) Only statements 1 and 3 are correct.
C) Only statements 1 and 2 are correct.
D) Only statements 2 and 3 are correct.
Answer: C
Explanation: A) Incorrect. Statement 3 is incorrect. Rather than becoming permanently fixed in early adulthood, an individual's value priorities do in fact change according to his or her value maturity.
B) Incorrect. Statement 3 is incorrect. Rather than becoming permanently fixed in early adulthood, an individual's value priorities do in fact change according to his or her value maturity.
C) Correct. Statement 3 is incorrect. Rather than becoming permanently fixed in early adulthood, an individual's value priorities do in fact change according to his or her value maturity.
D) Incorrect. Statement 3 is incorrect. Rather than becoming permanently fixed in early adulthood, an individual's value priorities do in fact change according to his or her value maturity.
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Jack, a return preparer, did not retain copies of all returns that he prepared but did keep a list that reflected the taxpayer's name, identification number, tax year, and type of return for each of his clients. Which of the following statements best describes this situation?
A. Jack is in compliance with the provisions of the tax code if he retains the list for a period of 1 year after the close of the return period in which the return was signed. B. Jack is in compliance with the provisions of the tax code, provided he retains the list for a 3-year period after the close of the return period in which the return was signed. C. Jack is not in compliance with the tax code since he must retain copies of all returns filed. D. Jack is not in compliance with the tax code since he has not kept all the information required by the Code.
In terms of a foundation and framework for ethical guidelines, hedonism:
A) involves maximizing pleasure and minimizing pain B) offers a version of philosophy based on the Golden Rule, which means do unto others what you would have them do unto you C) involves balancing a variety of urges throughout a person's life D) offers guidelines regarding right and wrong as well as what is acceptable and what is not acceptable, within a geographic area