A violation of the profession's ethical standards would most likely have occurred when a CPA in public practice
a. Used a records-retention agency to store the CPA's working papers and client records
b. Served as an expert witness in a damage suit and received compensation based on the amount awarded to the plaintiff
c. Referred life insurance assignments to the CPA's spouse, who is a life insurance agent
d. Serves on a municipal board of income tax appeals, discloses that status to concerned parties, participates as a board member in a tax appeal involving a client, but does not receive the client's consent for such action
Ans: d. Serves on a municipal board of income tax appeals, discloses that status to concerned parties, participates as a board member in a tax appeal involving a client, but does not receive the client's consent for such action
You might also like to view...
When writing a communication to deny a customer claim, what can be done to help maintain a future relationship?
A) Providing a prompt response B) Explaining how to prevent similar issues in the future C) Use the word "you" frequently so the customer feels valued D) Lead the message with a clear statement of the bad news E) Helping the customer feel that the resolution was fair
An example of recognition of shortage is when a consumer _____
a. sees an ad for a suit at a 50 percent price reduction b. becomes aware of a product that he/she has not purchased before c. gathers a list of products that will solve the problem at hand d. runs out of a product