If a client commits an illegal clearly inconsequential act,the accountant need not report it to the client's management and audit committee.
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Q20: A client may seek damages for the
Q21: Accountants are not liable for failing to
Q23: Section 10(b)of the Securities Exchange Act of
Q24: Under the federal securities laws,the Securities and
Q26: Breach of contract is a common basis
Q27: Accountants' working papers are protected from discovery
Q28: The Racketeer Influenced and Corrupt Organizations Act
Q29: Generally,privity of contract is required for a
Q30: Section 18(a)of the Securities Exchange Act of
Q43: There is no accountant-client privilege under federal
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