Which of the following is correct with regard to an accountant's contractual liability?

A) An accountant is bound to perform all the duties she explicitly agrees to perform
B) An accountant implicitly agrees to perform a contract in a competent and professional manner
C) An accountant who breaches his contract with a client may also be liable to a third party intended beneficiary
D) All of these are correct.

D

Business

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When a firm contracts overextended product lines: resources can be concentrated on the ______________ product items resources are not diverted to improve ______________ new product items have a greater chance to _______

Fill in the blank(s) with the appropriate word(s).

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Smart cards are designed with an internal microprocessor

Indicate whether the statement is true or false.

Business