1.
According to the article, employees
generally turn to the government or other outside sources because
A.
The violation is substantial.
B.
The company has been slow to respond.
C.
Both A and B
above.
D.
Of financial incentives.
2.
According to the article, the full 2011 NBES released in January, found that a
record 65% of workers who witnessed rules violations in 2011 reported them. But
even at that high rate, some 20 million workers stayed silent when learning of
misconduct.
True
False
3.
According to the article, employees report
only internally through company channels. The findings include
A.
56% of those who reported misconduct took their reports to someone they know and
trust inside the company, such as a direct supervisor.
B.
Across almost all demographic groups, only about one in 20 individuals (5%)
would be motivated to report outside the company by a monetary reward.
C.
Reporting numbers are higher at companies that are showing signs of recovering
from the recession than those that are still struggling.
D.
All of the above.
4.
According to the article, "Employees who
have the courage to raise their hand and report wrongdoing form the front line
of a culture of compliance".
True
False
5.
The following is a true statement mentioned
in the article.
A.
Study shows that reporting rates are smaller at companies with strong ethics
programs.
B.
The supplemental study said that more of the workers reported wrongdoing if they
believe their company rewards ethical conduct.
C.
Employees prefer to take the resolution of company violations outside the
company.
D.
None of the
above.
6. The Ethics Resource Center is devoted
to independent research and the advancement of high ethical standards and
practices in public and private institutions.
True
False
7.
Ethics is the branch of study dealing with what is the proper course of action
for man. It answers the question
A.
What do I do?
B.
How should I be?
C.
Should I follow the law?.
D.
All of the above.
8.
Ethics is a requirement of human life. It is our means of
A.
Pursuing our goals with the possibility of success.
B.
Deciding a course of action.
C.
Picking between limitless number of goals.
D.
Reducing our ability to be successful in our endeavors.
9.
A proper foundation of ethics requires
A.
That we recognize that our lives are an end in themselves.
B.
That sacrifice be necessary and destructive.
C.
A
standard of value to which all
goals and actions can be composed
to.
D.
That happiness is our ultimate standard of value.
10.
For centuries, the battle of morality was fought between those who claimed that
your life belongs to God and those who claimed that it belongs to your
neighbors. And according to the article,
A.
No one came to say
that your life belongs to you and that the
good in to live it.
B.
Everyone came to say that your life belongs to you and that the good is to live
it.
C.
People study philosophy so they can know how to become leaders in their
community.
D.
People study philosophy so they can know how to live happily.
11. The following is a true statement regarding practitioners.
A. The practitioner must use reasonable efforts to identify and ascertain the
facts, which may relate to future events if a transaction is prospective or
proposed, and to determine which facts are relevant.
B. The practitioner can base an opinion on any unreasonable factual assumptions
(including assumption as to future events).
C. The practitioner can base an opinion on any unreasonable factual
representations, statements or findings or of the taxpayers or any other person.
D. It
is reasonable for a practitioner to rely on a projection, financial forecast or
appraisal if the practitioner knows or should know that it is incorrect or
incomplete or was prepared by a person lacking skills or qualifications.
12. Any practitioner who has principal authority and
responsibility for overseeing a firm's practice of providing advice concerning
Federal tax issues must take reasonable steps to ensure that the firm has
adequate procedures in effect for all members, associates, and employees. Any
such practitioner will be subject to discipline for failing to comply with the
requirements if
A. The practitioner takes reasonable steps to ensure that the firm has adequate
procedures to comply with section 10.35, and individuals who are
members of, associated with, or employed by, the firm are, or have engaged in a
pattern or practice, in connection with their practice with the firm, fail to
comply with such.
B. The practitioner knows or should know that one or more individuals that don't
comply with section 10.35 and the practitioner fails to take prompt
action to correct the noncompliance.
C. The practitioner does not give written advice as to the conduct of
individuals who are not in compliance with section 10.35.
D. None of the above.
13. The Secretary of the Treasury, or delegate, after notice
and an opportunity for a proceeding, may censure, suspend, or disbar any
practitioner from practice before the Internal Revenue Service if the
practitioner
A. Is shown to be incompetent or disreputable.
B. Fails to comply with any regulation under the prohibited conduct standards or
with intent to defraud.
C. Willfully and knowingly misleads or threatens a client or prospective client.
D.
Any of the above.
14. Incompetence or disreputable conduct for which a
practitioner may be sanctioned includes
A. Willfully disclosing or otherwise using a tax return or tax return
information in a manner authorized by the Internal Revenue Code.
B. Failing to sign a tax return prepared by the practitioner when the
practitioner's signature is not required by the Federal tax laws.
C. Contemptuous conduct in connection with practice before the Internal Revenue
Service, including the use of abusive language or making false accusations or
statements, knowing them to be false.
D.
Giving false or misleading information to the Department of the Treasury or any
officer or employee thereof, or to any tribunal authorized to pass upon Federal
tax matters, when not knowing the information to be false or misleading.
15. A complaint is not sufficient to just fairly inform the
respondent of the charges brought so that the respondent is able to prepare a
defense.
True
False
16. To maintain active enrollment to practice before the Internal
Revenue Service, each individual is required to have the enrollment renewed. The
following statement is correct regarding enrollment renewal.
A. If you don't receive notification from the Director of the Office of
Professional Responsibility of the renewal requirement it means the individual
is not required to renew.
B. The effective date of renewal is the first day of the fourth month following
the close of the period for renewal.
C. A minimum of 42 hours of continuing education credit must be completed during
each enrollment cycle.
D.
A minimum of 10 hours of continuing education credit must be completed during
each enrollment year of an enrollment cycle.
17. To qualify for continuing education credit for an enrolled
agent, a course of learning must
A. Be a qualifying program designed to enhance professional knowledge in Federal taxation
or Federal taxation related matters.
B. Be a qualifying program consistent with the Internal Revenue Code and
effective tax administration.
C. Be sponsored by a qualifying tax education sponsor.
D.
All of the above.
18. A practitioner may take acknowledgements, administer oaths,
certify papers, or perform official acts as a notary public with respect to any
matter administered by the Internal Revenue Service.
True
False
19.
A practitioner shall not represent a
client before the Internal Revenue Service if the representation involves a
conflict of interest. A conflict of interest exists if
A. There is no significant risk that the representation of one or more clients
will be materially limited by the practitioner's responsibility to another
client, a former client or a third person, or by a personal interest of the
practitioner.
B. The representation of one client will be directly adverse to another client.
C. The representation is prohibited by law.
D.
Each affected client waives the conflict of interest and gives informed consent.
20. Tax advisors should provide clients with the highest quality
representation concerning Federal tax issues by adhering to best practices in
providing advice and in preparing or assisting in the preparation of a
submission to the Internal Revenue Service. Best practice includes
A. Advising a client to take a position on a document, affidavit or other paper
submitted to the Internal Revenue Service.
B. Advising a client to submit a document, affidavit or other paper to the
Internal Revenue Service even if this impedes the administration of the Federal
tax laws.
C. Establishing the facts, determining which facts are relevant, evaluating the
reasonableness of any assumptions or representations, relating the applicable
law to the relevant facts, and arriving at a conclusion supported by the law and
the facts.
D.
Advising a client to take any steps necessary to avoid the payment of tax at all
cost.
If you are answering the
questions directly on this page, make sure you print them before you click on
"Assignment" in step 2 above. If you don't have a printer, then write the
answers down before you proceed.
