Suppose your taxable income is over $66,000 but less than $137,000 and your taxes are equal to $15,000 plus 30% of any amount over $66,000. If your income is $80,000, what is your tax payment?

Refer to the information above. If total assets of Hercules Manufacturing, Inc. are $556,000, Equipment is carried in Hercules Manufacturing accounting records at:

A. $377,000. B. $179,000. C. $150,000. D. $90,000.

Which of the following is not an AICPA general standard for attestation engagements?

a. The practitioner must have adequate technical training and proficiency to perform the attestation engagement. b. The practitioner must have reason to believe that the subject matter is capable of evaluation against criteria that are suitable and available to users. c. The practitioner must adequately plan the work and must properly supervise any assistants. d. The practitioner must exercise due professional care in the planning and performance of the engagement and the preparation of the report.