Dena, an accountant, contracts to perform services for Equipment Maker Inc. Dena acts in good faith and conforms to generally accepted accounting principles but makes an incorrect judgment. Dena is most likely
A)liable for negligence.
B)liable for breach of contract.
C)liable for a violation of state professional ethical standards.
D)not liable.

Question

Quizplus · Accepted Answer

Dena acted in good faith and conformed to generally accepted accounting principles, which typically shields professionals from liability for honest errors in judgment.

Dena, an Accountant, Contracts to Perform Services for Equipment Maker