Benefits to Performance Due to Social Facilitation Will Most Likely

question 131

Multiple Choice

Benefits to performance due to social facilitation will most likely occur when __________.

• A) the task is difficult and involving
• B) the presence of others relaxes you
• C) the task is simple and well-learned
• D) individual efforts cannot be assessed

Identify the role and impact of regulatory bodies and legislation on professional conduct and liability.

Understand the legal liabilities and responsibilities of accountants under the Securities Exchange Act of 1934 and the Securities Act of 1933.

Identify the conditions under which accountants can be held liable for fraud and misrepresentation in financial reporting.

Describe the legal consequences of preparing or assisting in the preparation of false tax returns as stipulated by the Internal Revenue Code.