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Which of the Following Communications Between an Accountant and Client

question 41

Essay

Which of the following communications between an accountant and client are privileged?
a) During the preparation of her 2018 tax return, Tammy informs her accountant that she contributed $25,000 t qualified charitable organization.
b) After filing his tax return, a client mentions to his accountant that he forgot to report a $7,000 prize that he w playing bingo. He asks how he should correct the error.
c) A client tells his accountant that he will no longer pay alimony to his ex- wife.


Definitions:

Overt

Something that is open and observable, not hidden or secret.

Covert

Hidden or not openly acknowledged, often used in the context of psychological phenomena or operations.

Self-guidance

The ability to direct one's own actions and decisions independently, often based on personal values, knowledge, and goals.

Coping Thoughts

Cognitive strategies employed to manage stress, mitigate negative emotions, and handle challenging situations or thoughts.

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