The repricing model is a simplistic approach to focusing on the exposure of net interest income to changes in market levels of interest rates for given maturity periods.

A tax preparer filed a return for a taxpayer and used the taxpayer's detailed check register containing both business and personal expenses. If the tax preparer knowingly included personal expenses as deductible business expenses on the taxpayer's business, then the

A. Tax preparer will be liable only for penalties for taking an unreasonable position that led to an understatement. B. Taxpayer will be liable for penalties for taking an unreasonable position that led to an understatement. C. Tax preparer will be liable for penalties arising from an understatement due to willful or reckless conduct. D. Taxpayer will be liable for penalties attributable to transactions lacking economic substance.

Which of the following is a method that a CIO could use to learn more about the business?

A) sponsor weekly briefings B) read industry publications C) partner with a line executive D) All of the above