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A Private Accountant Is an Accountant Whose Services May Be

question 5

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A private accountant is an accountant whose services may be hired on a fee basis by individuals or business firms.


Definitions:

Legal Research

The process of identifying and retrieving information necessary to support legal decision-making, including analysis of statutes, case law, and legal precedents.

Business Person

An individual who is actively involved in the management or ownership of a commercial enterprise.

Ongoing Relationship

A continuous interaction or association between entities that involves mutual dealings over a period of time.

Retainer

An advance payment or fee paid to a professional, such as a lawyer, by a client for future services.

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