Business, 21.07.2019 10:00 madisonwr

An example of a spousal equivalent as defined in aicpa independence rules is

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Answer from: MorgannJ

Eligibility to take the Uniform CPA Exam is determined by individual State Boards of Accountancy. Typically, the application is a bachelor's degree from the American University that includes a minimum number of credits in accounting and business administration, plus 1 year of additional study. This 5-year study requirement is known as the “150 hour rule” and has been adopted by most state boards, although there are still some exceptions (eg, California). This requirement requiring 150 hours of study has been adopted by 45 states.

The Colorado State Board of Accountancy allows Chartered Certified Accountants (ACCA), along with Chartered Accountants from eligible jurisdictions (Australia, South Africa, Canada, Ireland, New Zealand) to automatically qualify for the Uniform CPA Exam as candidate in Colorado. Since December 9, 2009, ACCA members are not automatically eligible to take the Uniform CPA Exam.

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Answer from: Quest

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.

Answer from: Quest

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