Upon Returning Home After a Long Workday,a CPA Told Her

question 31

Multiple Choice

Upon returning home after a long workday,a CPA told her husband that she "had a lunch meeting earlier that day with the Controller of her new client,Abnomacious,Inc.,and that the Controller ate a really expensive seafood platter." Disclosure of this information to her husband:

• A) Likely violated the duty of confidentiality
• B) Likely did not violate the duty of confidentiality
• C) Could not have violated the duty of confidentiality because communications between spouses are protected by the marital exemption
• D) Could not have violated the duty of confidentiality because this duty applies only to individuals, not to corporations

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Definitions:

Contain Threats

The process of identifying, assessing, and reducing threats to minimize their impact.

Establish Expertise

The process of demonstrating or gaining recognition for one's skill and knowledge in a particular area.

Determine Belief

The process of identifying or establishing what one accepts as true or real, often in the context of preparing for negotiations or critical thinking.

Recency Effect

A cognitive bias that causes people to remember the most recently presented information best, which can influence decision-making and opinions.