Which of the following is not a legal obligation of an income tax return preparer?

A. A preparer must sign clients' tax returns.
B. A preparer must endorse clients' refund checks.
C. A preparer must furnish clients with copies of their returns.
D. A preparer must include his or her identifying number on clients' tax returns.


Answer: B

Business

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Which of the following statements is true when comparing distributive bargaining with integrative negotiation?

A. Distributive bargainers focus energy on creating ideal solutions, not cultivating BATNAs. B. A negotiator's tone during integrative negotiation is to be hard on the problems but soft on the people. C. The bargaining stance of an integrative negotiator is a strong opening offer and few concessions. D. Distributive bargaining is most appropriate for ongoing relationships.

Business

Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. The records further indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $50,000,

$60,000, and $70,000, respectively. In addition, work in process at the beginning of the period for Department 1 totaled $75,000, and work in process at the end of the period totaled $60,000. The journal entry to record the flow of costs from Department 1 into Department 2 during the period is: A) Work in Process--Department 2 390,000Work in Process--Department 1 390,000 B) Work in Process--Department 2 330,000Work in Process--Department 1 330,000 C) Work in Process--Department 2 255,000Work in Process--Department 1 255,000 D) Work in Process--Department 2 375,000Work in Process--Department 1 375,000

Business

The project lifespan stage where team members have built strong relationships and trust each other best describes

A) forming. B) storming. C) norming. D) performing.

Business

Pandora and Spotify allow users to listen to music through the Internet or other device. Pandora and Spotify are engaging in

A. electronic data interchange. B. selective distribution. C. digital distribution. D. multichannel distribution. E. physical distribution.

Business