A rule that says that an accountant is liable for negligence to third parties who are projected users of the client's financial statements is known as ________
A) the foreseeability standard
B) the Ultramares doctrine
C) the due diligence defense
D) the privity of contract
A
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What are the three purposes or aims of imposing punishment for criminal acts?
What will be an ideal response?
Experimental design is the set of experimental procedures specifying the test units and sampling procedures and all of the following EXCEPT:
A) specifying the independent variables. B) specifying the dependent variables. C) specifying the plan for data analysis. D) specifying how to control the extraneous variables.
A company is considering two alternative investment opportunities, each of which requires an initial cash outlay of $110,000. The expected net cash flows from the two projects follow: Project A Project Z Year 1 ……………… $ 30,000$ 44,000Year 2 ………………44,000 70,000Year 3……………… 70,000 30,000Totals ……………… $144,000$144,000 Based on a comparison of their net present values, and assuming the same discount rate of 12% is required for both projects, which project is the better investment? Use the table values below to compute the net present value of each project's cash flows.Periods Present value of 1 at 12%1……………….0.89292……………….0.79723……………….0.7118
What will be an ideal response?
Which of the following strategies is recommended by Ken Lizotte for individuals who strive to be thought leaders?
A) avoid discussing evergreen concepts B) submit only a few proposals at once C) mimic the style of other experts D) offer trend predictions E) advocate untested ideas