Doug Is an Accountant Whose Clients Include Everyday Products, Inc

question 23

Multiple Choice

Doug is an accountant whose clients include Everyday Products, Inc. (EPI) . Under the Ultramares rule, if Doug is negligent in his work for EPI, he could be liable to

• A) EPI and any third party.
• B) EPI and third parties who are foreseen users of his work for EPI.
• C) EPI and third parties who are reasonably foresee?able users of his work for EPI.
• D) EPI only.

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Definitions:

Median

A statistical measure denoting the middle value in a data set, where half the numbers are above and half below.

Mean

A statistical measure that calculates the average value of a set of numbers by adding all the numbers together and dividing by the count of those numbers.

Mode

The value that appears most frequently in a given set of data.

Median

The middle value in a data set, which separates the higher half from the lower half.