An Example of a Breach of Contract Would Likely Include

question 136

Multiple Choice

An example of a breach of contract would likely include

• A) an auditor's refusal to return the client's general ledger book until the client paid last year's audit fees.
• B) a bank's claim that an auditor had a duty to uncover material errors in financial statements that had been relied on in making a loan.
• C) a CPA firm's failure to complete an audit on the agreed-upon date because the firm had a backlog of other work which was more lucrative.
• D) an auditor's claim that the client staff is unqualified.

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Definitions:

Organizational Development

A field of research, theory, and practice dedicated to expanding the knowledge and effectiveness of people to accomplish more successful organizational change and performance.

Organizational Change

The process by which companies or organizations alter their structures, strategies, operational methods, technologies, or organizational culture to effect change within the organization and adapt to new conditions.

Behavioural Science

The study of human and animal behavior through observation and scientific analysis.

Engineering

The application of scientific, mathematical, and practical knowledge to invent, design, build, maintain, and improve structures, machines, devices, systems, materials, and processes.