Odette, an Accountant, Contracts to Perform Services for Percy

question 14

Multiple Choice

Odette, an accountant, contracts to perform services for Percy. Odette acts in good faith and conforms to generally accepted accounting principles, but makes an incorrect judgment. Odette is most likely​

• A) ​liable if Odette failed to discover a defalcation.
• B) ​liable if Odette failed to discover a fraud.
• C) ​liable if Odette failed to discover an impropriety.
• D) ​not liable.

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Definitions:

Short-term

Relating to or occurring over a brief period of time, typically less than a year, often used in financial, planning, or project contexts.

Employee Personality

Refers to the set of emotional qualities, ways of behaving, and patterns of thought that are characteristic of an individual and influence their work performance and interactions.

Muscle Relaxation

A technique used to reduce stress and anxiety by tensing and then slowly relaxing each muscle group in the body.

Discrimination

Unjust or prejudicial treatment of different categories of people, particularly on the grounds of race, age, gender, or disability.