Response latency is used as a measure of the relative preference for various alternatives

Value applies to the lowest priced good or service in the category.

a. true b. false

A CPA's common law duty of due care when preparing a tax return for a client most likely will be breached when the CPA

A. Gives a client an oral report instead of a written report. B. Gives a client incorrect advice based on an honest error of judgment. C. Fails to give tax advice that saves the client money. D. Fails to follow professional standards.