John Is a CPA in Charge of Auditing His Client,McMillen

question 41

Multiple Choice

John is a CPA in charge of auditing his client,McMillen & Co.John's duty of care to McMillen will most likely be breached if John

• A)gives his client an oral report instead of a written report.
• B)gives his client incorrect advice based on an honest error in judgment.
• C)fails to give tax advice that would save his client money.
• D)fails to follow generally accepted auditing standards (GAAS).

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Definitions:

Specific Criteria

Distinct or particular standards, requirements, or conditions used for making decisions, evaluations, or selections.

Comparison Groups

In research, groups that are compared to the experimental group to measure the effect of a treatment or intervention.

Goal Displacement

The phenomenon where the primary goal is overshadowed by a secondary goal, leading to a shift in focus away from the original objective.

Family Reunification

The process or policy of bringing together family members who have been separated by geographical distances, political barriers, or other obstacles.