Ch. 1 6) Open transaction ability to change to make situation more favorable to the client (p.

.6) 12) Must register & pay fee for ptin, pass test, continued edu. hours, tax compliance check (p.11) 19) True not qualified under Circular 230, section 10.7c (p.10) 21) Yes b/c Jane is an immediate family member (p.10) 46) If error found, must tell client but do not need to report to IRS w/o client permission (p. 24) 48) Not in the list but must be approved in advance by audit committees 60) a. Section 10.30 subpart b b. Section 10.31, subpart b c. Section 10.71, subpart b d. Section 10.30, subpart c 75) SSTS No.4 (p.23) 77) C under Rule 301 of the Code of Conduct states that a CPA must give info to an investigative body 78) A should not mislead IRS (SSTS No. 4) 80) B Circular 230, section 10.21 88) After passing exam, but before license must take ethics course; Annual CPE course 90) Not ethical under any rationale 96) a. No b/c confidential unless Alice does not let her client know c. Conflict of interest 98) a. No exactly stated requirement under Circular 230, section 10.27 (p.13) b. Yes, ethically, you should let the client know as a CPA for the publics interest 102) Audit committee is required to know b/c of SOX 104) No due diligence under Circular 230, section 10.22