Apractitioner is engaged to prepare a client's federal income tax return for 2013 and 2014. the practitioner files the 2013 return on the client's behalf. after the 2014 return is prepared, the client disputes the fees for the 2014 tax engagement, terminates the relationship, and requests all tax returns and related records. the client has not yet paid for preparation of the 2014 return. under irs circular no. 230, which records must the practitioner return to the client?
a.) notes the practitioner took when meeting with the client about the 2013 and 2014 tax returns.
b.) the engagement letter executed by the client for preparation of the 2014 federal income tax return.
c.) an appraisal the practitioner prepared in connection with the 2013 federal income tax return.
d.) schedules the practitioner prepared, which the client needs to file in its 2014 federal income tax return.

You have just been hired as a financial analyst for barrington industries. unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. so, your first job will be to recreate the firm's cash flow statement for the year just ended. the firm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant during the year. it earned $5 million in net income during the year but paid $800,000 in dividends to common shareholders. throughout the year, the firm purchased $5.5 million of machinery that was needed for a new project. you have just spoken to the firm's accountants and learned that annual depreciation expense for the year is $450,000; however, the purchase price for the machinery represents additions to property, plant, and equipment before depreciation. finally, you have determined that the only financing done by the firm was to issue long-term debt of $1 million at a 6% interest rate. what was the firm's end- of-year cash balance? recreate the firm's cash flow statement to arrive at your answer

True of false: the chancellor of a university has commissioned a team to collect data on students' gpas and the amount of time they spend bar hopping every week (measured in minutes). he wants to know if imposing much tougher regulations on all campus bars to make it more difficult for students to spend time in any campus bar will have a significant impact on general students' gpas. his team should use a t test on the slope of the population regression.

If your company buys supplies from a company in a different state and sells your products to people within your city, what type of trade are you participating in? i