Ethical Responsibilities and Fraud Prevention Flashcards
7 cards from real CAA practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Ethical Responsibilities and Fraud Prevention flashcards as text
Which advertising statement by a CAA would be considered misleading?
Answer: "ITIN guaranteed in 24 hours by the IRS."
CAAs cannot guarantee IRS processing outcomes or timelines.
A CAA is related to an applicant by family. What is the best ethical practice?
Answer: Apply the same verification standards and avoid any conflict that compromises objectivity
Personal relationships never relax the documentation and verification standards.
If a CAA learns a previously submitted Certificate of Accuracy contained an error, the CAA should:
Answer: Take prompt corrective action and notify the IRS as appropriate
Integrity requires promptly correcting errors and informing the IRS when needed.
Why does the IRS perform suitability checks on CAA applicants?
Answer: To assess tax compliance and background before granting trust
Suitability checks review tax compliance and background to ensure trustworthy agents.
A CAA keeps copies of documents it authenticated. What is the main reason?
Answer: To support IRS reviews and audits of the CAA's work
Retained records allow the IRS to verify the CAA's compliance with program rules.
An applicant presents a passport that expired several years ago. Which statement is most accurate?
Answer: Expired documents are generally not acceptable for ITIN identity verification
Identity documents submitted for an ITIN generally must be current (unexpired).
A CAA allows an uncertified staff member to sign Certificates of Accuracy. This is:
Answer: A compliance violation of the CAA program
Only authorized, trained individuals listed under the agreement may certify documents.