Dena, an Accountant, Contracts to Perform Services for Equipment Maker

question 64

Multiple Choice

Dena, an accountant, contracts to perform services for Equipment Maker Inc. Dena acts in good faith and conforms to generally accepted accounting principles but makes an incorrect judgment. Dena is most likely

• A)liable for negligence.
• B)liable for breach of contract.
• C)liable for a violation of state professional ethical standards.
• D)not liable.

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Definitions:

Trait Approach

A perspective in leadership studies that identifies specific qualities or characteristics that distinguish leaders from non-leaders.

Leader

A person who guides or directs a group towards achieving a common goal.

Followers

Individuals who accept the guidance, direction, or leadership of another person or group, often within a hierarchical or organizational context.

Situation

A set of circumstances or a context within which events occur, affecting decision-making and outcomes.