for each of following citations, identify the type of authority (Statutory, administrative, or judicial) and explain the citation. 1.111-1 IRC 469 (c)(7)(B)(i) Rul 82-204, 1982-2 C.B. 192 Amdahl Corp., 108 TC 507 (1997) PLR 9727004 Hills v. Comm’r, 50 AFTR2d 82-6070 (11th, 1982)

Which of the following factors are considered when analyzing an indistry? I-the nature and conditions of governmental regulations II-the number, size and power of suppliers to the industry III- the development of new technologies relevant to the industry IV- the extent of competition within the industry A- I, II,III AND IV B-I, II AND III C-II, III, AND IV ONLY D-I, II, AND IV ONLY

Which is a primary source of the PCAOB independence rules? AICPA Frequently Asked Questions: Nonattest Services. SEC Frequently Asked Questions. AICPA independence rules as of April 16, 2003. International independence standards.

Common elements of mediation include a. an evaluative process O b. written award by the mediator that can be reduced to judgment under state law O c. a facilitative role for the mediator O d. All of these O e. A and C only

40

Prepare a case brief-a concise summary of relevant on two cases: Harold Dancer, 73 T.C. 1103 (1980) and Freedman v. Comm., 62 - 1 USTC 9400

TO whom it may concern,  I was wondering to know following details for question.  Explain relevant law General RuleException   Apply law to key facts General Rule  Exception

90-1 1. Which of the following is ordinarily true of a modification of the audit report by adding an emphasis of matter paragraph?  Group of answer choices  a. The emphasis of matter paragraph would ordinarily refer to the fact that the auditor’s opinion is not qualified.  b. The emphasis of matter paragraph is a “subject to” qualification of opinion.  c. The emphasis of matter paragraph is presented before the opinion paragraph.  d. The modification by adding an emphasis of matter paragraph is an “except for” qualification of opinion.  2. If an auditor is engaged to audit a client’s financial statements after the annual physical inventory count was made and the accounting records are not sufficiently reliable to enable the auditor to become satisfied as to the year-end inventory balances, the opinion to be expressed is  Group of answer choices  a. either an adverse opinion or disclaimer of opinion.  b. either a disclaimer or opinion or an “except for” qualified opinion.  c. either an…

For a cash basis taxpayer, income that has not actually been received by the taxpayer is taxed as though it had been received, thus income is considered constructively received when (mark apply that apply): A. The constructive receipt doctrine does not apply to income the taxpayer is not yet entitled to receive. B. The purpose of the constructive receipt doctrine is to prevent a cash basis taxpayer from deferring the recognition of income that, although not yet received, has been made practically available to the taxpayer. OC. The taxpayer's actual receipt is not subject to substantial limitations or restrictions. D. The amount is made readily available to the taxpayer. E. None of these are true.