When a Practitioner Discovers an Error in a Client's Prior

question 51

True/False

When a practitioner discovers an error in a client's prior return, AICPA tax ethics rules require that an amended return immediately be filed.

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Definitions:

Applications

Software programs designed to perform specific functions or tasks on a computer or mobile device.

Data

Information that has been collected, organized, and can be interpreted or analyzed.

Public Clouds

Cloud computing services offered over the internet that are available to anyone who wants to purchase or use them.

Private Clouds

Computing services offered over the Internet or a private internal network exclusively to select users, rather than the general public.