A key difference between the attorney-client privilege and the accountant- client privilege is that:
A) The accountant-client privilege has been enacted in every state
B) The attorney-client privilege is more extensive because it encompasses all documents, observations, and thought processes
C) The attorney-client privilege precludes the attorney from releasing information, even in court, but a CPA asserting the accountant-client privilege must release information if requested by a court
D) The attorney-client privilege precludes an attorney from releasing information in an administrative hearing or to an administrative authority, but the accountant-client privilege does not
Correct Answer:
Verified
Q22: A CPA cannot be held liable for
Q23: Is there a federal accountant-client privilege? What
Q24: In accordance with the duty of confidentiality,when
Q25: A CPA violates the duty of confidentiality
Q26: If a CPA violates the duty of
Q28: A CPA may utilize information obtained during
Q29: A CPA' duty of confidentiality ends when:
A)
Q30: When should a tax advisor encourage a
Q31: When does a CPA's duty of confidentiality
Q32: The AICPA Code of Professional Conduct has
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