To Whom Does an Accountant Have Potential Liability

question 57

Multiple Choice

To whom does an accountant have potential liability?

• A) To his client only.
• B) To an intended third party beneficiary.
• C) To a foreseen user of the accountant's work.
• D) An accountant may be liable to all of these.

---

Definitions:

Base Case

In recursive programming, the condition under which a recursive function returns without making any more recursive calls.

Recursive Valued Methods

Methods that call themselves with altered parameters to solve a problem, often used in programming for tasks like sorting and searching.

Infinite Recursion

A coding error where a function repeatedly calls itself without a terminating condition, leading to a stack overflow.

Order of Magnitude

An order of magnitude is a term used to express the scale or size of a quantity, typically in powers of ten, to compare approximate values or changes.