Which of the Following Statements About the Statements on Standards

question 48

Multiple Choice

Which of the following statements about the Statements on Standards for Tax Services is true?

• A) The CPA must tell the IRS upon becoming aware that an error has been made on a past tax return.
• B) The CPA may in good faith rely on information provided by the taxpayer, without verifying the reliability of that information if reasonable inquiries are made where the information furnished appears to be incorrect.
• C) The CPA should not recommend that a taxpayer take a certain position if there is any doubt as to whether the position would be approved by the IRS upon audit.
• D) A CPA is never allowed to use a taxpayer's estimates when preparing a tax return.

---

Definitions:

Metabolic Rate

The rate at which the body expends energy or burns calories, which varies based on factors like age, sex, muscle mass, and physical activity level.

Metabolism

The set of life-sustaining chemical reactions in organisms for energy generation and the synthesis of materials.

Body Processes

Various physiological and biochemical operations that occur within a living organism to sustain life.

Average Weight

The mean body weight of an individual or population, typically used as a standard measure for comparison or health assessment.