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During class Professor Jenkins' discussed ethics in depth. Which of the following bodies of rules apply to accountants in tax practice: O Treasury Circular 230

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During class Professor Jenkins' discussed ethics in depth. Which of the following bodies of rules apply to accountants in tax practice: O Treasury Circular 230 O AICPA Statements on Standards for Tax Practice ("SSTS") O AICPA Code of Professional Conduct O ASC Topic 740 Accounting for Income Taxes All are applicable standards to accountants in tax practice. 3 7.15 Professor Jenkins went on and on in class about IRAC. IRAC stands for: O A problem solving and documentation method accountants and attorneys use that frames any problem into: "Issue, Rule, Application and Conclusion" O A problem solving and documentation method accountants and attorneys use that frames any problem into: "Issue, Role, Algorithm and Conclusion" O A country in the Mideast. O A problem solving and documentation method accountants and attorneys use that frames any problem into: "Interest, Rate, Application and Calculation

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