Advertising or other forms of solicitation that are false, misleading, or deceptive are not in the public interest, and AICPA members in public practice shall not seek to obtain clients in such a manner. Such activities include all the following except those that
a. Indicate the CPA's educational and professional attainments
b. Imply the ability to influence a court
c. Claim to be able to save the taxpayer 20% of a determined tax liability
d. Create unjustified expectations of favorable results
Ans: a. Indicate the CPA's educational and professional attainments
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The Securities Act of 1933 provides an exemption from registration for offers and sales of securities made only to accredited investors. Federal securities laws and regulations are violated if the exemption is claimed and
A. Offers and sales are made to more than 100 accredited investors. B. Resale of the securities is restricted. C. The SEC is not informed of exempt sales. D. No information is given to investors.
Which of the following is true about survey research?
A) It involves sending observers to watch and interact with consumers in their natural environments. B) It is best suited for gathering causal information. C) It involves selecting matched groups of subjects, giving them different treatments, controlling related factors, and checking for differences in group responses. D) The level of flexibility in survey research is lower than most other research methodologies. E) Survey research is the most widely used method for primary data collection.