Tiny Is an Accountant

question 27

Multiple Choice

Tiny is an accountant. Tiny's violation of generally accepted accounting principles and generally accepted auditing standards

• A) does not indicate that Tiny was negligent.
• B) is prima facie evidence that Tiny was negligent.
• C) precludes Tiny from raising any defense against a negligence claim.
• D) will never subject Tiny to liability.

---

Definitions:

Service Delivery System

Service Delivery System refers to the framework and processes through which a company provides its services to customers, encompassing the service design, delivery channels, personnel, and technology.

Franchise Offering

A business arrangement where one party (the franchisor) grants another (the franchisee) the right to operate a business under its brand.

Demographic Profile

A statistical representation of the characteristics of a population, including age, sex, income, education, and occupation.

License Agreement

A legal contract granting permission to use intellectual property or technology, subject to specific conditions.