If a CPA Recklessly Departs from the Standards of Due

question 17

Multiple Choice

If a CPA recklessly departs from the standards of due care when conducting an audit,the CPA will be liable to third parties who are unknown to the CPA based on

• A)Negligence.
• B)Gross negligence.
• C)Strict liability.
• D)Criminal deceit.

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Definitions:

Permanent Project Organization

An organizational structure designed to manage projects on a long-term basis, with dedicated teams and resources.

Matrix Organization

A flexible organizational structure where employees report to multiple managers, typically project manager and functional manager.

Gantt Charts

are visual representation tools used in project management to outline the schedule of tasks or activities against a timeline, highlighting dependencies and progress.

Project Activities

Various tasks or actions undertaken to achieve project objectives, including planning, execution, and monitoring.