Barbara, a CPA, Fails to Discover a Fairly Obvious Error

question 41

Multiple Choice

Barbara, a CPA, fails to discover a fairly obvious error in the books of her client, Banana Computers. If Ben relies on Barbara's certification of the financial statement in deciding to accept the position of president of the company, Barbara will:

• A) in most states be liable to Ben as a third party beneficiary of her contract with Banana.
• B) be liable to Ben only if she has a contract with Ben.
• C) not be liable if Ben is not a party to the original contract.
• D) not be liable to Ben unless Ben notified Barbara in advance of his intention to rely on the financials.

Apply chi-square test of independence to analyze associations between categorical variables.

Evaluate the assumptions and conditions required for the chi-square test of independence.

Interpret tables and data to determine the association between different categories.

Understand the null hypothesis concept in the context of chi-square tests.