CPA Shearer Is Required by AICPA Tax Ethics Rules to Inform

question 39

True/False

CPA Shearer is required by AICPA tax ethics rules to inform her client Martinez of significant changes in the
Federal income tax laws.

---

Definitions:

Production Facility

A place equipped with the necessary equipment and machinery for the manufacture of products.

Quantity Flexibility

An adjustment mechanism within supply chain management allowing for changes in order quantities to meet actual demand.

Market Intelligence

The process of gathering, analyzing, and interpreting information about a market, including information about competitors, customers, and other market dynamics.

Intermediary

A third-party agent or entity that acts as a mediator or facilitator between two parties in a transaction, often involved in the distribution chain.