Blue Co., a privately-held entity, asked its tax accountant, Cook, a CPA in public practice, to reproduce Blue's internally-prepared interim financial statements on Cook's computer when Cook prepared Blue's quarterly tax return. Cook should not submit these financial statements to Blue unless, at a minimum, Cook complies with the provisions of:

A. statements on Responsibilities in Tax Practice.
B. statements on Standards for Attestation Engagements.
C. statements on Standards for Accounting and Review Services.
D. statements on Responsibilities in Unaudited Financial Services.


Answer: C

Business

You might also like to view...

The way in which we store or retain information is called selective ______.

a. memory b. attention c. exposure d. perception

Business

Why are the computer ethics issues of privacy, security, and property ownership of interest to accountants?

Business

Identify and explain one reason that there are so many different brands available in today's market

What will be an ideal response?

Business

The three most widely recognized types of consumer decision making are

A. limited problem solving, extended problem solving, and routinized response behavior. B. extended problem solving, enduring problem solving, and situational decision making. C. planned problem solving, impulse buying, and limited decision making. D. internal problem solving, external problem solving, situational behavior. E. responsive behavior, planned behavior, and impulsive decision making.

Business