The ________ is a multilateral association of states concerned with curbing the proliferation of chemical and biological weapons

A. Australia Group
B. Zangger Committee
C. Nuclear Suppliers Group
D. Harmonized System

A

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A company produces 300 microwave ovens per month, each of which includes one electrical circuit

The company currently manufactures the circuit in-house but is considering outsourcing the circuits at a contract cost of $34 each. Currently, the cost of producing circuits in-house includes variable costs of $28 per circuit and fixed costs of $5,000 per month. The controller says that they could outsource production of the circuit, if it reduces fixed cost more than $1,800 per month. Is this statement true or false? Indicate whether the statement is true or false

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Under Treasury Circular 230, which of the following actions of a CPA tax advisor is characteristic of a best practice in rendering tax advice?

A. Requesting written evidence from a client that the fee proposal for tax advice has been approved by the board of directors. B. Recommending to the client that the advisor's tax advice be made orally instead of in a written memorandum. C. Establishing relevant facts, evaluating the reasonableness of assumptions and representations, and arriving at a conclusion supported by the law and facts in a tax memorandum. D. Requiring the client to supply a written representation, signed under penalties of perjury, concerning the facts and statements provided to the CPA for preparing a tax memorandum.

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