Barbara, a CPA, fails to discover a fairly obvious error in the books of her client, Banana Computers. If Ben relies on Barbara's certification of the financial statement in deciding to accept the position of president of the company, Barbara will:
a. in most states be liable to Ben as a third party beneficiary of her contract with Banana.
b. be liable to Ben only if she has a contract with Ben.
c. not be liable if Ben is not a party to the original contract.
d. not be liable to Ben unless Ben notified Barbara in advance of his intention to rely on the financials.
a
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The B/AR/CR process completes the:
a. billing process b. production process c. order-to-cash process d. inventory process
Brockmeyer, Inc purchased some equipment on January 1, 2016, for $300,000 that had a five-year useful life and no salvage value. Brockmeyer used double-declining-balance depreciation for both financial reporting and income tax purposes. On January 1, 2018, Brockmeyer changed to the straight-line depreciation method for this equipment and can justify the change. Brockmeyer will continue to use
double-declining balance depreciation for income tax reporting. Brockmeyer's income tax rate is 30%. Assuming Brockmeyer's 2018 income before depreciation and tax is $800,000, what is the amount of Brockmeyer's net income for 2018? A) $534,800 B) $570,800 C) $764,000 D) $800,000
________ designs involve the collection of information from any given sample of population elements only once
A) Exploratory B) Causal C) Cross-sectional D) None of the above
Evelyn, a team leader, wanted to make some changes in the seating arrangement of her team members in order to improve communication. She chalked out a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This is an example of
A. groupthink. B. two-way communication. C. one-way communication. D. filtering. E. intrapersonal communication.