A nonresident who wishes to obtain a California real estate license must
A. first establish California residency.
B. consent to process service on the secretary of state if the prospective licensee cannot be located within the state.
C. also be licensed in his state of residency.
D. be 21 years of age.
Answer: B. consent to process service on the secretary of state if the prospective licensee cannot be located within the state.
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A CPA firm can issue a compilation report
A) only if the partners are independent. B) only if all the partners and the staff in the office performing the engagement are independent. C) if the partners have no material or direct immaterial interest in client. D) even if it is not independent.
Which percentage of new business owners have had at least some college education?
a. 25 percent b. 50 percent c. 60 percent d. 80 percent