Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. hello, need some help. the answer is not the b but

Hello, Need some help. The answer is not the B but now I'm stuck between...

90.2K

Verified Solution

Question

Accounting

Hello, Need some help. The answer is not the B but now I'm stuck between A and D for the answer?

image

The Led Zep Accounting Firm has two branches - one in NYC and the other in LA. Both service each other's clients and the clients of their clients. A junior partner in the LA office learns in confidence from client ZZ-Todd that a client of the NYC office, Eddie Mercury Inc., is not recording all of the information on their financial statements. Who is responsible for the accuracy of the financial statements? The management of Eddie Mercury, Inc. The partner at Led Zep Accounting Firm-NYC since Eddie Mercury Inc is one of their clients in NYC The partner at Led Zep Accounting Firm-LA since they heard about the issue from one of their clients The client ZZ-Todd since they heard about the issue first

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students