The Duty of Confidentiality Arises When

question 14

Multiple Choice

The duty of confidentiality arises when:

• A) A professional accountant and client agree to it in their contract for services
• B) A professional accountant expressly agrees to abide by the AICPA's Code of Professional Conduct
• C) Automatically for a professional accountant under the IFAC Code of Conduct, but not under the AICPA's Code of Professional Conduct
• D) Automatically for a professional accountant, under both the IFAC and AICPA Codes of Conduct

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Definitions:

Participative Leadership

A leadership approach where decision-making is shared between leaders and members of the organization.

Transactional Leadership

A leadership style that focuses on the exchanges that occur between leaders and followers, emphasizing rewards and punishments.

Leader-match

A theory or principle suggesting that the effectiveness of a leader is contingent upon how well their leadership style matches the situation or context.

Transformational Leadership

A leadership approach that causes change in individuals and social systems, enhancing the motivation, morale, and performance of followers through a variety of mechanisms.