A CPA Wants to Understand the Difference Between the Duty

question 33

Multiple Choice

A CPA wants to understand the difference between the duty of confidentiality and the accountant-client privilege.She lives in a state in which an accountant-client privilege has been enacted.A key difference between the duty of confidentiality and the accountant-client privilege is that:

• A) The accountant-client privilege ceases to exist once an accountant-client relationship is terminated by the client
• B) The accountant client privilege ceases to exist once an accountant-client relationship is terminated by either the client or the accountant
• C) The accountant-client privilege only protects communications from disclosure, but the duty of confidentiality applies more broadly to protect observations, documents, and communications
• D) The duty of confidentiality only protects communications from disclosure, but the accountant-client privilege is a legal enactment that applies more broadly to protect observations, documents, and communications

---

Definitions:

Aerobic Exercise

Sustained exercise that increases heart and lung fitness; also helps alleviate depression and anxiety.

Cognitive Decline

A gradual reduction in cognitive abilities, including memory, thinking, and judgment, often associated with aging.

Telomeres

The protective end caps of chromosomes that shorten with each cell division, playing a key role in cellular aging.

Longitudinal Study

A research method that studies the same participants over a period of time to observe changes or developments in a specific aspect.