6. Which of the following does not deal with a CPAs standard of conduct

Select one:

a. Statement of Standards for Tax Services

b. Internal Revenue Service Manual

c. Treasury Circular 230

d. AICPA Code of Conduct

7. Changing which of the following factors as indicated would decrease the after-tax net cash flow of a project:

Select one:

a. None decrease cash flows

b. Increasing the discount rate

c. Delaying revenue recognition

d. Delaying the years in which inflows occur

e. All decrease cash flows

8. Which type of audit is most frequently used for examination of business returns?

Select one:

a. Correspondence audit

b. Field audit

c. Office audit

d. Noncompliance audit

9. Which of the following paid tax return preparers must have a preparer tax identification number?

Select one:

a. Attorneys

b. Enrolled Agents

c. All of these

d. CPAs

10 . If the due date for a tax return is extended for a taxpayer who has a $2,000 balance due, the taxpayer

Select one:

a. must pay the tax due by the original due date to avoid interest

b. has 30 days following the original due date to pay the $2,000 due without interest

c. has 6 months following the original due date to pay the $2,000 due without interest

d. has 60 days following the original due date to pay the $2,000 due without interest