The Accountant-Client Privilege Is a Law That Entails That ________

question 30

Multiple Choice

The accountant-client privilege is a law that entails that ________.

• A)only an accountant can serve as a witness for the client in a court action
• B)an accountant's paperwork be taken as prima facie evidence against a client in a court action
• C)an accountant cannot be called as a witness against a client in a court action
• D)an accountant does not enjoy work product immunity when a client is accused of gross negligence

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Definitions:

Entrepreneurs

Individuals who initiate, manage, and take on the risks of a new business or venture, aiming to transform innovations into economic goods.

Gamblers

Individuals who risk something of value, often money, on the outcome of an event which is determined largely by chance.

Entrepreneur

An individual who creates, organizes, and manages a business venture, taking on financial risk in the hope of profit.

Franchise

A business model that allows individuals or entities to operate a store or outlet using the branding and operational model of an established company.