QUESTION 37 An accountant performing corporate tax services may not be deemed independent of that client. True False 2 points QUESTION 38 A disagreement with the independent CPA who resigned about a disclosure matter must be reported in a Form 8-K. True False 2 points QUESTION 39 A large accelerated filer, among other requirements, has a public float of at least $500 million at the end of the second fiscal quarter. True False 2 points QUESTION 40 Auditors are required to audit internal control over financial reporting of certain companies. True False 2 points QUESTION 41 A 1934 Act section 15(d) company may stop filing periodic reports if at the beginning of the year there are fewer than 300 shareholders. True False 2 points QUESTION 42 Regulations S-X and/or S-K require certain disclosures not required under GAAP. True False 2 points QUESTION 43 Regulations S-X and/or S-K specify the disclosure requirements for Smaller Reporting Companies. True False