Sympatico accountants engages abc tax preparers to prepare routine tax returns during thebusy season. under the american institute of certified public accountants code, what shouldsympatico do prior to sharing its clients’ information with abc.

a. inform its tax clients that the firm may be using an outside service when providing professionalservices.
b. list a notice in the local newspaper that the firm may be using an outside service when providingprofessional services.
c. ask clients to sign a waiver limiting sympatico’s liability in the event abc makes errors insympatico’s tax returns.
d. sympatico would not be required to take any particular action in this situation.

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr

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Suppose you win a small lottery and have the choice of two ways to be paid: you can accept the money in a lump sum or in a series of payments over time. if you pick the lump sum, you get $2,950 today. if you pick payments over time, you get three payments: $1,000 today, $1,000 1 year from today, and $1,000 2 years from today. 1) at an interest rate of 6% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 2) at an interest rate of 9% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 3) years after you win the lottery, a friend in another country calls to ask your advice. by wild coincidence, she has just won another lottery with the same payout schemes. she must make a quick decision about whether to collect her money under the lump sum or the payments over time. what is the best advice to give your friend? a) the lump sum is always better. b) the payments over time are always better. c) it will depend on the interest rate; advise her to get a calculator. d) none of these answers is good advice.