U.S.CPA练习题精选：REG 29

A penalty for understated corporate tax liability can be imposed on a tax preparer who fails to:

a.Audit the corporate records.

b.Examine business operations.

c.Make reasonable inquiries when taxpayer information appears incorrect.

d.Copy all underlying documents.

答案：C

Explanation

Choice "c" is correct. A penalty for understated corporate tax liability can be imposed on a tax preparer who fails to make reasonable inquiries when taxpayer information appears incorrect.

Choices "a", "b", and "d" are incorrect. A tax return preparer is not required to:

Audit the corporate records

Examine the business operations

Copy all underlying documents