Norman is an accountant. Norman's violation of generally accepted accounting principles and generally accepted auditing standards
A) does not indicate that Norman was negligent.
B) is prima facie evidence that Norman was negligent.
C) precludes Norman from raising any defense against a negligence claim.
D) is embarrassing but will never subject Norman to liability.

Question

Norman is an accountant. Norman's violation of generally accepted accounting principles and generally accepted auditing standards​
A) ​does not indicate that Norman was negligent.
B) ​is prima facie evidence that Norman was negligent.
C) ​precludes Norman from raising any defense against a negligence claim.
D) ​is embarrassing but will never subject Norman to liability.

Quizplus · Accepted Answer

The violation of generally accepted accounting principles and generally accepted auditing standards is considered prima facie evidence that the accountant was negligent in performing their duties. This means that the burden shifts to the accountant to prove that they were not negligent, rather than the burden being on the plaintiff to prove negligence. Therefore, Norman's violation of these standards may indicate negligence and subject him to liability.

Norman Is an Accountant