When May a CPA Use Estimates in the Preparation of a Client's

question 108

Essay

When may a CPA use estimates in the preparation of a client's tax return?

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Definitions:

Lysine

An essential amino acid required by the human body for growth and tissue repair, not synthesized by the body and must be obtained from the diet.

Stereosiomer

Molecules with the same molecular formula and sequence of bonded atoms, but they differ in the 3D orientation of their atoms in space.

Carboxylic Acid

Organic compounds that contain a carboxyl group (-COOH), which consists of a carbon atom double-bonded to an oxygen atom and single-bonded to a hydroxyl group.

Oligopeptide

An oligopeptide is a short chain of amino acids, typically having fewer than 20 residues, connected by peptide bonds.