Which of the following is true about the general standard of care owed by an accountant to the client?

Question

Quizplus · Accepted Answer

The general standard of care owed by an accountant to the client is generally the same in all parts of the nation for similar circumstances. This standard is based on the level of care, skill, and competency that a reasonable accountant would provide to a similar client in similar circumstances. While there may be some variation based on the specific services being provided, the general standard of care should remain consistent regardless of geographic region or the sophistication of either party involved.

Which of the Following Is True About the General Standard