________ Is the Obligation or Expectation to Perform a Duty

question 143

Multiple Choice

________ is the obligation or expectation to perform a duty.

• A)Responsibility
• B)Unity of command
• C)Chain of command
• D)Span of control

Recognize the legal aspects of the accountant-client privilege and its limitations.

Identify the liabilities accountants may face for negligence and fraudulent activities.

Realize the role of professional indemnity insurance policies and what they cover.

Comprehend the necessity of due diligence and accurate representation in financial reporting and auditing.