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Which of the following is NOT something the CPA should do in tax planning? a. Uncritically accept the client's explanations for assumptions and representations b. Consider the reasonableness of the assumptions and representations c. Establish the relevant background facts d. Consider the business purpose and economic substance of the transaction, if relevant to the tax consequences of the transaction

Respuesta :

Answer: a. Uncritically accept the client's explanations for assumptions and representations

Explanation:

CPA which stands for certified public accountant, is an accounting professional who has written and passed the CPA professional exam. Also they have met all the state education and work experience requirements vital to become a licensed CPA.

The standards for certified public accounting are put in place by the state board of accountancy in the state in which an interested prospective member applied in.

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