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:

Fractional Exponent

An exponent in the form of a fraction, where the numerator indicates a power and the denominator indicates a root.

Simplify Expression

To alter an expression into its simplest form, making it easier to understand or solve by combining like terms and applying mathematical operations.

Radix

The base of a number system; for example, the radix for the decimal system is 10.

Square Root

An amount which yields the initial number when squared.