Identify Which of the Following Statements Is False

question 11

Multiple Choice

Identify which of the following statements is false.

• A)When a court opinion discusses facts and issues on which the court does not rule, the comments are called dicta.
• B)Dicta in a court opinion has no influence on other tax proceedings.
• C)Published articles and tax services are examples of secondary sources of authority.
• D)Dicta are not authoritative.

Know the ownership and confidentiality aspects concerning working papers in the accounting profession.

Identify the role and oversight functions of the Public Company Accounting Oversight Board and the SEC in relation to public company audits.

Recognize the scenarios that could lead to accountants facing criminal sanctions and understand the possible defenses.

Grasp the legal principles surrounding the liability of accountants under various laws including the Securities Exchange Act of 1934 and the 1933 Securities Act.

---

Definitions:

DNA Synthesis

The natural or artificial creation of DNA molecules, involving the enzymatic assembly of nucleotides in a sequence-specific manner.

Polynucleotide Strand

A long chain of nucleotide units linked together, forming part of the structure of DNA or RNA molecules.

Phosphates

salt or ester of phosphoric acid, often used in fertilizers and food additives, and plays a significant role in biochemistry.

Phosphodiester Linkage

The type of bond that joins the sugar and phosphate groups of adjacent nucleotides in DNA and RNA.