💰 CPA Exam Prep

Circular 230 regulates:

A Banking practices
B Practice before the Internal Revenue Service
C SEC filings
D State tax codes

✓ Correct Answer: Option B

Treasury Circular 230 governs the practice of CPAs, attorneys, and enrolled agents before the IRS.

💡 Why is B) the correct answer?

The correct answer to the question "Circular 230 regulates:" is Option B: Practice before the Internal Revenue Service.

The other options — A) Banking practices, C) SEC filings, D) State tax codes — are incorrect for this CPA Exam Prep question. As explained above: Treasury Circular 230 governs the practice of CPAs, attorneys, and enrolled agents before the IRS.

📚 About This CPA Exam Prep Practice Question

This 2-level CPA Exam Prep question from the Regulation (REG) topic is part of BrainForge Quiz's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.

How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free CPA Exam Prep practice test or use flashcards for spaced repetition review.

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