Multiple Choice
Norm is an accountant. With respect to an allegation of negligence by Online Retail Inc., one of Norm's clients, Norm's violation of generally accepted accounting principles and generally accepted auditing standards
A) does not indicate that Norm was negligent.
B) is prima facie evidence that Norman was negligent.
C) precludes Norm from raising any defense against a negligence claim.
D) relieves Norm of any legal liability but not professional ethics sanctions.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Commerce Bank files a suit against Drake,
Q2: Ezra, an accountant, intentionally misstates a material
Q3: In some states, an accountant is potentially
Q4: Reed prepares federal corporate income tax returns
Q6: Bee is an accountant whose clients include
Q7: Gen & Hetty is a Registered Public
Q8: Rand, an accountant, includes a false statement
Q9: In most states, accountants are subject to
Q10: Finola, a certified public accountant, provides accounting
Q11: To avoid liability for securities violations, an