Which of the following elements, if present, would support a finding of common law constructive fraud on the part of a CPA who prepared a tax return?

A. Gross negligence.
B. Ordinary negligence.
C. Identified third-party users.
D. Scienter.

Answer: A. Gross negligence.

Business

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If a bond is currently trading at its face (par) value, then it must be the case that:

A) the bond's yield to maturity is less than its coupon rate. B) the bond's yield to maturity is equal to its coupon rate. C) the bond's yield to maturity is greater than its coupon rate. D) the bond is a zero-coupon bond.

Business

Taylor Swift, a singer and actress popular with the target market, appears in the commercial claiming the benefits of the product. Swift is well liked, respected, and believable to this target market. The ads are very successful

What is the most likely reason for the success of this campaign? A) The target market needed this product. B) The use of Taylor Swift led to cognitive learning in members of the target market. C) Taylor Swift was a credible source to deliver this message to this target audience. D) The use of Taylor Swift was a successful bandwagon appeal. E) This was a high-involvement product.

Business