Question 1 (1 point) Saved Accountants are permitted to perform audit and non-audit work for publicly traded companies. Question...

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General Management

Question 1 (1 point)
Saved
Accountants are permitted to perform audit and non-audit workfor publicly traded companies.
Question 1 options:
A) True
B) False
Question 2 (1 point)
Saving...
An accountant’s duty of care is established by a standard ofcare, knowledge and judgment generally accepted by members of theaccounting profession.
Question 2 options:
A) True
B) False
Question 3 (1 point)
Saved
A contract for the sale of goods also includes services.
Question 3 options:
A) True
B) False
Question 4 (1 point)
Saved
Which of the following is not required to have a valid contractfor the sale of goods?
Question 4 options:
A)
Lawyer
B)
Offer
C)
Consideration
D)
Capacity
E)
All of the above
Question 5 (1 point)
Saved
There are two primary types of warranties, express andimplied.
Question 5 options:
A) True
B) False

Answer & Explanation Solved by verified expert

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Q1 Answer False Explanation Accountants are prohibited from providing certain nonaudit services for publicly traded companies which includes bookkeeping financial information systems design implementation legal services and expert services unrelated to audit etc that affects the See Answer

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