Answer:
a. Must have a good faith belief that the tax return position will be accepted by the IRS.
Explanation:
Certified Public Accountant (CPA) is a term used to refer to the state title of approved accountants in the Uniform Certified Public Accountant Examination. The CPA allows these professionals to issue opinion statements in financial reports, following a few rules. For example, the Tax Services Standards Statement No. 1 states that a basic principle of the provision of tax services that the CPA has is to have a good faith belief that the tax return position will be accepted by the IRS.
Answer:
C. Utilize coercive powers
Explanation:
Utilizing coercive powers will make the individual and team feel intimidated which would make them inconfident of themselves
Price ceiling are measure employed by government to help the consumers by mandating a maximum price that the seller must charge for a product or service.
- The measure of imposing price in market are rare but are notably used during natural disasters.
- Price ceiling helps to prevent the producers from exploiting the consumers.
In conclusion, the major disadvantage of price ceiling is that when a price ceiling is set below the equilibrium price, the quantity demanded will exceed quantity supplied, thus, this will result to excess demand of goods and shortage in the market.
Learn more about Price ceiling here
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Answer:
C. What the program will ultimately cost the federal government
Explanation:
The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 was an attempt to make improvements or amendments to the Social Security Act. It radically changed the playing field for private plans participating in the Medicare program by substantially raising monthly payment rates in an effort to stabilize the market and reverse the decline in benefit generosity. It also provided for voluntary prescription drugs under the medicare program. However, the utilization and cost of the program skyrocketed as soon as the funding source was established. It has remained unknown what the program will ultimately cost the federal government, no wonder the current administration under Trump wants to turn it upside down.
Answer: Option B
Explanation: In simple words, acceptance speech refers to the speech that is made by an individual generally after receiving award or similar honor as such.
In such a speech the receiving party shows gratitude and tries to connect with their audience by showing sentiments and proud of receiving the award. These speeches are usually very brief and to the point but sometimes an extension is made by the deceiving party, stating some past events or making motivational statements to the audience.
In the given case, Carlos revived the award and thanked the school authority. Hence from the above we can conclude that the correct option is B.
