Under the Known User Rule: ______

question 29

Multiple Choice

Under the known user rule: ______.

• A) the accountant is not liable to any third parties who experience a loss as a result of the accountant's negligence.
• B) the accountant is liable to all third parties who experience a loss as a result of the accountant's negligence.
• C) the accountant is liable to third parties who experience a loss as a result of the accountant's negligence but only if the accountant knew the third party would be using the work product.
• D) the accountant is liable to third parties who experience a loss as a result of the accountant's negligence but only if the accountant's client gave the work to the third party.

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Definitions:

Group-Oriented

A focus on teamwork and collective goals rather than individual achievements.

Vroom-Jago Leader-Participation Model

A decision-making framework that helps leaders determine the level of involvement of team members in the decision-making process.

Decision Acceptance

The process by which individuals agree to support or abide by a decision, regardless of whether they agree with it fully.

Authority, Consultative

A management style where decision-making is shared among leaders and followers, but the ultimate authority rests with the leaders who solicit and consider input from subordinates.