The failure by an accountant to use the care of a reasonably competent accountant under the circumstances is:

Question

Quizplus · Accepted Answer

Negligence in the context of accounting refers to the failure of an accountant to exercise the degree of care, diligence, and skill that a reasonably competent accountant would under similar circumstances. This includes errors, omissions, or lack of attention to detail that falls below the professional standard expected in the accounting profession.

The Failure by an Accountant to Use the Care of a Reasonably