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If you discover a client has not complied with the tax laws, or made an error in or omission from a tax return: Select one: O a. You must notify the client of the consequences of the noncompliance, error, or omission. O b. You must prepare an amended return correcting the noncompliance, error, or omission and file it with the IRS on behalf of your client. O c. You must refuse to prepare any future tax returns for that client. O d. You must notify the IRS Immediately of the noncompliance, error, or omission. Oe. All of these O f. None of these

If you discover a client has not complied with the tax laws, or made an error in or omission from a tax return: Select one: O a. You must notify the client of the consequences of the noncompliance, error, or omission. O b. You must prepare an amended return correcting the noncompliance, error, or omission and file it with the IRS on behalf of your client. O c. You must refuse to prepare any future tax returns for that client. O d. You must notify the IRS Immediately of the noncompliance, error, or omission. Oe. All of these O f. None of these

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Q. 1

 

If you discover a client has not complied with the tax laws, or made an error in or omission from a tax return: Select one: O a. You must notify the client of the consequences of the noncompliance, error, or omission. O b. You must prepare an amended return correcting the noncompliance, error, or omission and file it with the IRS on behalf of your client. O c. You must refuse to prepare any future tax returns for that client. O d. You must notify the IRS immediately of the noncompliance, error, or omission. Oe. All of these O f. None of these
Transcribed Image Text:If you discover a client has not complied with the tax laws, or made an error in or omission from a tax return: Select one: O a. You must notify the client of the consequences of the noncompliance, error, or omission. O b. You must prepare an amended return correcting the noncompliance, error, or omission and file it with the IRS on behalf of your client. O c. You must refuse to prepare any future tax returns for that client. O d. You must notify the IRS immediately of the noncompliance, error, or omission. Oe. All of these O f. None of these
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