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Which of the Following Communications Between an Accountant and Client

question 1

Essay

Which of the following communications between an accountant and client are not privileged?
a)An accountant orally communicates to his client that he should set up a foreign subsidiary to shift taxable income to a lower tax jurisdiction.
b)An accountant privately submits to the client a plan for shifting taxable income to a lower tax jurisdiction.
c)During a meeting in which a client is asking for advice relating to criminal fraud, the client tells his accountant that he lied to the IRS.


Definitions:

Cholesterol

A type of lipid molecule that is essential for the formation of cell membranes and certain hormones, but high levels can increase health risks.

Prenatally

Pertaining to the period or development before birth.

Oedipal Conflict

A phase in Freudian theory where a child feels desire for the opposite-sex parent and jealousy and envy towards the same-sex parent.

Castration Anxiety

A concept in psychoanalytic theory referring to the fear felt in young boys that they could be punished by castration for Oedipal desires towards their mother and rivalry with their father.

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