Direct Ownership Includes Ownership by the CPA Plus Any Spouse

question 79

True/False

Direct ownership includes ownership by the CPA plus any spouse or dependent member of his or her household or any partnerships to which the CPA belongs.

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Definitions:

LAN

Local Area Network; a computer network that interconnects computers within a limited area such as a residence, school, or office building.

Universal Service

A principle that aims to provide all citizens access to essential telecommunications services at an affordable price.

Coaxial

A type of cable that is used for transmitting television signals, internet connectivity, and other data.

Fiber Optic

Technology that uses thin, flexible fibers of glass or other transparent solids to transmit light signals for telecommunications or computing.