Which of the Following Is Untrue Regarding the Relationship of an Accountant

question 21

Multiple Choice

Which of the following is untrue regarding the relationship of an accountant and the client?

• A) The accountant must act in a competent and professional manner.
• B) The accountant is under an ethical obligation not to disclose confidential information.
• C) The accountant is under a contractual obligation to follow all of the client's instructions and to use the client's figures without question.
• D) It is based upon mutual agreement.

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Definitions:

Replicate

To duplicate a study or experiment to verify its results.

Peer Reviews

The evaluation of work by one or more people of similar competence to the producers of the work, which constitutes a form of self-regulation by qualified members of a profession within the relevant field.

Scientific Theory

A well-substantiated explanation of some aspect of the natural world, based on a body of facts that have been repeatedly confirmed through observation and experiment.

System Of Assumptions

A coherent collection of beliefs and theories that form the basis for a particular methodology or approach to understanding and interpreting the world.