QUESTION 37 An accountant performing corporate tax services may not be deemed independent of that client....

QUESTION 37 An accountant performing corporate tax services may not be deemed independent of that client. True False 2 points QUESTION 38 A disagreement with the independent CPA who resigned about a disclosure matter must be reported in a Form 8-K. True False 2 points QUESTION 39 A large accelerated filer, among other requirements, has a public float of at least $500 million at the end of the second fiscal quarter. True False 2 points QUESTION 40 Auditors are required to audit internal control over financial reporting of certain companies. True False 2 points QUESTION 41 A 1934 Act section 15(d) company may stop filing periodic reports if at the beginning of the year there are fewer than 300 shareholders. True False 2 points QUESTION 42 Regulations S-X and/or S-K require certain disclosures not required under GAAP. True False 2 points QUESTION 43 Regulations S-X and/or S-K specify the disclosure requirements for Smaller Reporting Companies. True False

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An accountant performing corporate tax services may not be deemed independent of that client.

False.

A disagreement with the independent CPA who resigned about a disclosure matter must be reported in a Form 8-K.

True.

A large accelerated filer, among other requirements, has a public float of at least $500 million at the end of the second fiscal quarter.

False.

Auditors are required to audit internal control over financial reporting of certain companies.

True.

A 1934 Act section 15(d) company may stop filing periodic reports if at the beginning of the year there are fewer than 300 shareholders.

False.

Regulations S-X and/or S-K require certain disclosures not required under GAAP.

True.

Regulations S-X and/or S-K specify the disclosure requirements for Smaller Reporting Companies.

True.

ekkarill92 answered 1 year ago

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