Maintaining the Confidentiality of Client or Employer Matters Is Considered

question 19

Multiple Choice

Maintaining the confidentiality of client or employer matters is considered essential for a professional accountant (PA) in order that clients and employers:

• A)will continue to discuss all matters with the PA.
• B)will not fire the PA.
• C)will be protected from prosecution.
• D)will be able to maximize profits.
• E)will not find their competitive position to be jeopardized.

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Definitions:

Minimization

The strategy or action of reducing or keeping something to its smallest amount or degree.

Justification

The act of providing reasons or explanations for behaviors, decisions, or beliefs.

Eye Contact

Direct visual connection between two individuals, signifying various social and emotional meanings.

Physical Contact

The act of touching or being in direct contact with another person or object.