To Whom Does an Accountant Have Potential Liability

question 49

Multiple Choice

To whom does an accountant have potential liability?

• A)To his client only.
• B)To an intended third party beneficiary.
• C)To a foreseen user of the accountant's work.
• D)All of the above.

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Definitions:

Neural Pathway

A network of neurons connected by synapses along which electrical impulses travel within the nervous system.

Effector Organ

An organ that responds to a stimulus in a reflex arc, typically involving muscles or glands.

Transduction

The process by which foreign DNA is introduced into a cell by a virus or viral vector. In sensory science, it refers to the conversion of a stimulus into a signal by a sensory receptor.

Electrical Impulse

A signal that travels along the axon of a neuron, typically as a result of nerve cell activation.