Which of the Following Statements Is True of Accountants

question 78

Multiple Choice

Which of the following statements is true of accountants?

• A) Accountants cannot be hired to perform nonaudit services.
• B) Accountants cannot be held liable by provisions of common law.
• C) Accountants can be held liable to clients but not to third parties.
• D) Accountants who lack CPA certification are called public accountants.

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Definitions:

Social Behaviors

Actions or reactions of individuals in response to external stimuli, which occur in a social context or during interaction with others.

Basic Living Skills

Essential skills for daily living, including personal hygiene, simple cooking, cleaning, and money management.

Erikson's Theory

A psychoanalytic theory developed by Erik Erikson that outlines eight stages of psychosocial development from infancy to adulthood.

Psychosocial Crisis

Refers to a critical stage in human development where a person must resolve a psychological challenge to progress healthily.