Which of the Following Is Correct with Regard to an Accountant's

question 5

Multiple Choice

Which of the following is correct with regard to an accountant's contractual liability?

• A)An accountant is bound to perform all the duties she explicitly agrees to perform.
• B)An accountant implicitly agrees to perform a contract in a competent and professional manner.
• C)An accountant who breaches his contract with a client may also be liable to a third party intended beneficiary.
• D)All of the above are correct.

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Definitions:

Model Guidelines

Prototype or standard guidelines used as a reference point or example in a particular field or industry.

Represent

To act on behalf of another person or group in a legal setting or to depict or portray something in a specified manner.

Court

An institution where legal disputes are resolved through the adjudication process by judges and sometimes juries.

Judge

An official appointed to decide cases in a court of law.