The Statements on Standards for Tax Services (SSTS)are Issued By

question 21

Multiple Choice

The Statements on Standards for Tax Services (SSTS) are issued by:

• A)the Internal Revenue Service
• B)the FASB
• C)the AICPA
• D)the American Bar Association
• E)the AICPA and the American Bar Association jointly

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Definitions:

Spring Pin

A type of fastener used to secure two or more components together, made from sprung (elastic) steel allowing it to compress and then expand for a secure fit.

Zerk Fitting

A grease fitting used to deliver lubricant under pressure into a specific location, commonly found in mechanical systems like automotive suspensions.

Trailer Pintle Hook

A type of tow hitch that uses a pivoting arm and hook mechanism to connect a trailer to a towing vehicle.

Welding

Welding is a fabrication process that joins materials, usually metals or thermoplastics, by using high heat to melt the parts together and allowing them to cool, causing fusion.