1-

A living will is a document by which a person expresses his or her wishes regarding medical treatment desired if an accident or illness prevents him or her from participating in medical decisions.

Group startsTrue or False

2-

Accountants may not be sued for malpractice because that action is only available in the medical community.

Group startsTrue or False

3-

At a minimum, the duty of care of the accountant entails compliance with which of the following?

Multiple Choice

• Generally acknowledge auditing standards only.

• Generally acknowledged accounting principles only.

• Generally accepted accounting principles and generally accepted auditing standards.

• Generally accepted auditing standards and generally acknowledged accounting principles.

4-

Fraud without fraudulent intent is known by which term?

Multiple Choice

• Reliance fraud.

• Actual fraud.

• Constructive fraud.

• Presumed fraud.