Which of the Following Statements Is Correct with Regard to Working

question 41

Multiple Choice

Which of the following statements is correct with regard to working papers prepared by an accountant?

• A) The working papers prepared by the accountant are owned by the client.
• B) The accountant may need to justify the accountant's work before the Internal Revenue Service or a court.
• C) The accountant can dispose of the working papers prepared by him or her as he or she pleases.
• D) The client does not possess the right of access to the working papers.

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Definitions:

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