To Whom Does an Accountant Have Potential Liability

question 61

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) All of these.

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Definitions:

Résumés

Written compilations of a person's education, work experience, credentials, and accomplishments, typically used for job applications.

Job Description

A list of the tasks, duties, and responsibilities (TDRs) that a particular job entails.

Controlled

This term broadly refers to something that is governed or regulated by rules, standards, or mechanisms to ensure proper functioning or compliance.

Content Validity

Relates to the extent to which a test measures all aspects of the concept it intends to measure.