Tax preparation is a large part of what many CPAs do. Students may be interested to know that a CPA (or any other licensing) is not required to prepare tax returns. Assume you know two friends who prepare tax returns for others, one is a CPA and one is not. Assume that both friends intend to move next year and will, therefore, prepare taxes in another state. Analyze this situation.

Denise is a hard worker, but she has always had differences with her boss, angela. angela has recently become more demanding and is often unwilling to provide clarification on project requirements. after too many long working days with little or no job satisfaction, denise walked into angela's office and submitted her resignation. denise knows that her résumé is strong and feels confident she will find another job. denise is now facing unemployment. a. seasonalb. cyclicalc. structurald. frictional