According to the professions standards, which of the following statements is correct regarding the standards a CPA should follow when recommending tax return positions and preparing tax returns? A CPA may recommend a position that the CPA concludes is frivolous as long as the position is adequately disclosed on the return. A CPA may recommend a position in which the CPA has a good faith belief that the position has a realistic possibility of being sustained if challenged. A CPA will usually not advise the client of the potential penalty consequences of the recommended tax return position. A CPA may sign a tax return as preparer knowing that the return takes a position that will not be sustained if challenged.
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