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

question 57

Multiple Choice

Which of the following is correct with respect to an accountant's working papers?

• A)The client is held to be the owner of an accountant's working papers.
• B)An accountant must surrender his working papers to his client if the client so requests.
• C)An accountant may not surrender her working papers unless the client consents or a court orders the disclosure.
• D)All of the above are correct.

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Definitions:

Unapplied Knowledge

Information or skills that have been acquired but not yet used or implemented in practical situations.

Code of Ethics

A set of principles and values that guide the behavior and decision-making processes of an organization or profession.

Organization Guidelines

Frameworks or principles laid out by an organization to shape decisions, actions, and behaviors of its members.

Foundation Virtues

Foundation virtues are fundamental moral qualities considered essential for building a virtuous or ethically sound character, such as honesty, courage, and compassion.