Which of the following acts by a CPA will not result in a CPA's incurring an IRS penalty?

A. Failing, without reasonable cause, to provide the client with a copy of an income tax return.
B. Failing, without reasonable cause, to sign a client's tax return as preparer.
C. Understating a client's tax liability as a result of an error in calculation.
D. Negotiating a client's tax refund check when the CPA prepared the tax return.

Answer: C. Understating a client's tax liability as a result of an error in calculation.

Business

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Information overload occurs when ________

A) the interpretation of the message gets affected by the receiver's cultural background B) the information we have to work with exceeds our processing capacity C) a sender purposely manipulates information so the receiver will see it more favorably D) the information transmitted to the receiver is distorted by the communication channel E) the information sent by the sender does not reach the receiver

Business

In the past, creatives designing business-to-business advertisements relied heavily on the verbal or written element rather than on visuals

In recent years, there has been a shift to using stronger visual elements in business-to-business advertisements. Indicate whether the statement is true or false

Business