Question
1)Sampson is an audit partner at the QRS Accounting Firm. There is a lot of tax work to be done in her city, so she
1)Sampson is an audit partner at the QRS Accounting Firm. There is a lot of tax work to be done in her city, so she wishes to invest in R&H Square, a local accounting firm that specializes in tax preparation. Its other owners and employees are not CPAs. Which of the following isnottrue regarding this investment opportunity?
If Sampson is a minority owner of R&H, she must follow Code provisions on collection of commissions and referral fees through R&H.
If Sampson is a majority owner of R&H, she must follow Code provisions on collection of commissions and referral fees through R&H.
If Sampson is a minority owner of R&H, other employees of R&H must follow Code provisions on collection of commissions and referral fees through R&H.
If Sampson is a majority owner of R&H, other employees of R&H must follow Code provisions on collection of commissions and referral fees through R&H.
2)Which of the following may a CPA soliciting business properly do?
Accurately advertise the price charged for particular services.
Inaccurately advertise the price charged for particular services.
Use a third party to solicit business via inaccurate advertising, so long as the CPA's name is not on the advertisement.
All three answer choices provided.
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