A Key Difference Between the Attorney-Client Privilege and the Accountant-

question 12

Multiple Choice

A key difference between the attorney-client privilege and the accountant- client privilege is that:

• A) The accountant-client privilege has been enacted in every state
• B) The attorney-client privilege is more extensive because it encompasses all documents, observations, and thought processes
• C) The attorney-client privilege precludes the attorney from releasing information, even in court, but a CPA asserting the accountant-client privilege must release information if requested by a court
• D) The attorney-client privilege precludes an attorney from releasing information in an administrative hearing or to an administrative authority, but the accountant-client privilege does not

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Definitions:

Parents' Permission

The approval or consent given by a parent or guardian allowing their child to engage in certain activities or decisions.

Machismo

A concept of masculinity that stresses attributes such as dominance, assertiveness, pride, and sexual prowess.

Sexual Prowess

An individual's skill or expertise in matters of sexual activity and intimacy.

Assertiveness

The quality of being self-assured and confident without being aggressive.