A Paid Tax Return Preparer Is Allowed to Have

question 17

Multiple Choice

A paid tax return preparer is allowed to have:

• A) An indirect financial interest in a client, but not a direct financial interest
• B) A direct financial interest in a client, but not an indirect financial interest
• C) Both direct and indirect financial interests in a client, as long as the interests are not material
• D) Both direct and indirect financial interests in a client, even if these interests are material

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Definitions:

Sociological Definition

An explanation of a concept, phenomenon, or term from the perspective of sociology, which examines human society and social behavior.

Deviance

Behaviors or actions that violate societal norms, values, or standards, often leading to social disapproval or sanctions.

Formal Punishment

Takes place when the judicial system penalizes someone for breaking a law.

Conflict Crimes

Are illegal acts that many people consider harmful to society. However, other people believe the acts to be not so harmful. People who commit conflict crimes are punishable by the state.