Question 31 Clayborne, a member, practices in public accounting and has her own CPA firm. Due to some cash flow issues, she has not paid her AICPA dues and is now 3 months overdue on such payment. For the same cash flow reason, she has neither complied with the AICPA's practice monitoring program or the continuing education requirement for membership retention. Which of the following is correct concerning the action(s) the AICPA Board of Directors may take against Clayborne? The Board may terminate Clayborne's membership for the three month delinquency in payment of her dues. The Board may terminate Clayborne's membership for failure to comply with the practice monitoring program for membership retention. The Board has no power to terminate Clayborne's membership for any of situations noted. Both a. and b. are actions that the Board may take against Clayborne. Question 34 There are various standards that a member should follow when recommending tax return positions or preparing or signing tax returns. Which of the following of those standards is the lowest standard? Realistic possibility of success standard Reasonable basis standard Substantial authority standard More likely than not standard