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Deeba is the newest CPA hired on by the lax Department of Feel Better Surgical Center, LP. Her supervisor has asked her to take an

  1. Deeba is the newest CPA hired on by the lax Department of Feel Better Surgical Center, LP. Her supervisor has asked her to take an extraordinary position in reporting a transaction on the tax return. Even though Deeba is a recent accounting experience, she feels certain based on some research she has done that the position is unsupported by the internal Revenue Code, Treasury Regulations and case law, Deeba must:

a. Cave into her boss's demands since her boss has more experience than Deebo.

b. Do what her supervisor says since Deeba is being paid only to fill out the tax return, not to use independent judgment.

c. Not sign off of a position for which the CPA cannot find proper support.

d. Take the extraordinary position since she is protected from liability as she is just obeying orders.

  1. Blake and Miranda are in the middle of bitter divorce proceedings. Jeremy, CPA carees to prepare net worth statements for both individuals and has promised an arbitrator that he will present numbers which Jeremy believes is a fair pro payment seremys ocoons constitute:

O a. Maximizing client fees.

O b. A good idea.

O c. A conflict of interest.

O d. None of the above.

  1. Taylor, CPA, is a supervising

CPA in the accounting department of Cheep-a-Lot Wholesale Flooring and Handbag Emporium. She becomes aware that a significon

it transaction wos incorrectly booked to a dilferent account cousing the income statement to appear for rosier thon it octugly is lavior has the cbity and authority to immediately correct the error, but cots to wait untilthe following fiscal vear since her bonus will be much larger as a rosult.avior has violated which of the tolowing rules

a. The Rule of Ten.

O b. Matching.

c. Conservatism

D. Knowing misrepresentation in the preparation of financial Statements or record

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