The Statements on Standards for Tax Services SSTS) Have Common

question 74

Multiple Choice

The Statements on Standards for Tax Services SSTS) have common concepts running through most of them. Which of the following statements are parts of the SSTSs? I. The preparer may in good faith rely upon, without verification, information furnished by the client. II. There is confidentiality of the CPA-client relationship. III. Taxpayer supplied estimates may be used to prepare returns if it is impractical to obtain exact data and the estimates are reasonable. The preparer must never disclose to the IRS any facts about the client's tax return IV. information -- unless the client approves disclosure, or the preparer is required to do so by law.

• A) Only statement II is correct.
• B) Statements I, II, and IV are correct.
• C) Statements II and III are correct.
• D) Statements I, II, and III are correct.
• E) Statements I, II, III, and IV are correct.

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Definitions:

Procedural Justice

The degree to which rules are always properly followed to implement policies.

Sexual Harassment Complaint

Refers to a report made by an individual alleging unwanted and inappropriate sexual advances or remarks in the workplace.

Instrumentality

In organizational psychology, the perceived relationship between performance and the attainment of certain outcomes.

Performance Accomplishment

Achieving specific goals or standards of work that are recognized as an indicator of competence.