Multiple Choice
Odette, an accountant, contracts to perform services for Percy. Odette acts in good faith and conforms to generally accepted accounting principles, but makes an incorrect judgment. Odette is most likely
A) liable if Odette failed to discover a defalcation.
B) liable if Odette failed to discover a fraud.
C) liable if Odette failed to discover an impropriety.
D) not liable.
Correct Answer:
Verified
Correct Answer:
Verified
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